Brent crude oil bounces back above 45, but excess weighs

Oil edged up from multi-month lows, but prices remain under pressure from supply glut that has persisted despite Opec-led efforts to balance market

10 hours ago
Bonds mixed after Constitutional Court ruling on secret vote

The fallout from the Cabinet reshuffle is yet to be fully reflected in the local economy, but yield-seeking foreign investors keep the rand in check

11 hours ago
Rand firms on secret ballot ruling and higher commodity prices

Analysts say the rand will remain driven by political events and that emerging markets are ‘on the front foot’ as global risk appetite stabilises

11 hours ago
Gold basks in the glow of safe-haven demand

Metal benefits from risk aversion as weaker oil prices dent equities and the dollar retreats

JSE extends losses in line with world markets

Sasol suffered a double blow, with a lower oil price environment and a stronger rand, pushing its stock down and bringing losses to 10% so far in June

Rand firmer after secret ballot ruling

The Constitutional Court confirms the speaker has the right to okay a vote of no confidence in the president by way of a secret ballot

Last year’s iron ore price surge now looks like an aberration

China’s appetite for imported iron ore remains strong, meaning the price decline so far this year isn’t driven by weakening demand, writes Clyde Russell

Oil glut sees prices slide back towards multi-month lows

Increasing US output and renewed output from Nigeria and Libya continues to undermine Opec’s output cut agreement

Bonds gain after Court says secret ballot is permissible but not compulsory

Despite the ruling, the rand remained buoyed by higher commodity prices and interest in emerging-market bonds

Stock markets stumble as oil languishes near lows

Since peaking in late February, crude oil has dropped about 20%, with only brief rallies, completely erasing gains at the end of 2016

Bonds slightly firmer after May’s inflation data

NKC economists expect inflation to moderate towards the end of the year, supported by low domestic demand and a resilient rand

JSE opens down on weaker resources as market eyes secret ballot decision

Risk aversion has knocked food and drug retailers, banks and financial stocks, while gold and platinum miners rose

Rand perks up ahead of Constitutional Court ruling on secret ballot

Politics remains the main driver of the currency, which has managed to break back under R13/$ — but the top court’s ruling is not expected to be wildly ...

Gold extends gains on weaker dollar

The market is watching US economic data as the likelihood grows that the Fed will increase interest rates again this year

Shrinking US stockpiles are cold comfort for oil investors

Prices rose after the news that US crude and petrol inventories declined — but the rise was short-lived, and not even a hint at further Opec cuts could lift ...