Rand softens, with global focus on the dollar

The rand gave up earlier gains before the opening of the US market, but the 10-year treasury note has pulled back from the significant 3% level

7 hours ago
Bonds weaken further as rand remains under pressure

Renewed risk-on sentiment held US bonds back marginally, but local bonds are on the back foot as the Reserve Bank might walk away from further rate cuts

7 hours ago
Gold steadies after three days of losses as the dollar stabilises

Gold has slid nearly 2% in the last three trading sessions, but the dollar index has retreated from a three-month peak; platinum is 0.2% higher

10 hours ago
Oil lifts about $75 a barrel, its highest level in three-and-a-half years

Meanwhile, new sanctions against Tehran could push oil prices up as much as $5 per barrel, an Oanda analyst says

10 hours ago
World stocks steady as Google and others report impressive earnings

Tech earnings are in focus after recent turbulence for the sector; the dollar firms against the yen and the euro; and Brent rises to its highest since November ...

11 hours ago
Rand recovers some ground as dollar rally pauses

The moves in the dollar mirror the unwinding of net short dollar positions, which have accumulated over time, ETM Analytics says

11 hours ago
JSE opens higher as rand hedges lead the pack on flat Dow close

Weaker US bond yields have spooked equity markets, as it points to higher inflationary pressures from firmer oil prices, with the Fed likely to be more hawkish

Bonds weaker as US treasuries flirt with 3% level

Inflation in the US and the US 10-year note are being closely watched, with the rand having given up ground on a resurgent dollar

WATCH: Why investors are better off with bitcoin

In this week’s Roffey Review, Clive Roffey discusses and analyses the highs and lows of the markets

Gold edges up but safe-have demand begins to fade

Metal remains close to two-week lows as a stronger dollar, rising US treasury yields and receding geopolitical concerns whet investors’ risk appetite

WATCH: Stock pick — Amazon

Steven Schultz from Momentum talks to Business Day TV about Amazon, his stock pick of the day

Asian stocks bounce from recent two-week lows

Investors pause for breath following the heavy selling of recent sessions and wait to see if the dollar’s rally is sustainable

Strong demand and tighter supply lift oil

Brent rises for sixth day, passing $75, as Opec-led supply cuts and the chance of renewed US sanctions against Iran provide support

Rand slides past R12.30 ahead of the JSE’s opening

On Wall Street overnight, Google failed to live up to investors’ high expectations, sending the share price of its Nasdaq-listed parent Alphabet down

Market data - April 23 2018

Market data including bonds, unit trusts and fuel prices

Aluminium falls as US softens on Rusal sanctions

The US Treasury discusses a path for lifting the sanctions on Rusal for the first time 

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.