Oil prices fall as US crude inventories rise further

Analysts at ING say they expect US output to keep rising while prices remain strong enough to encourage further drilling

18 hours ago
Stocks fall, bond markets rally as Trump optimism pauses

Investors lower bets that policies of US President Donald Trump will benefit economic growth

18 hours ago
Bonds remain on a firm footing on expected rand strength

Analysts said continued strength in the bond market was dependent on a further rand rally

19 hours ago
Slightly weaker rand manages to maintain its resilience

There has been a widespread emerging-market rally with the rand taking charge, Rand Merchant Bank analyst John Cairns says

20 hours ago
Gold hits highest level in three-and-a-half months

Metal edges up to $1,256.31 as the dollar heads for its first weekly decline in three after the new US finance chief poured cold water on the ‘Trumpflation ...

22 hours ago
JSE weaker as budget sentiment fades

The stronger rand did not favour platinum and resources stocks, which weighed down the all share index despite an improvement in the price of platinum

23 hours ago
Global equities slip as Trumpflation trade loses momentum

Commodity-related sectors lead European shares lower for a third consecutive session, while the dollar is poised for a weekly loss

1 day ago
Local bonds slip as rand comes off 18-month highs

Meanwhile, US treasury bonds were relatively stronger, with yield on the benchmark 10-year note at 2.3711%

1 day ago
Rand trades slightly weaker as copper price slumps

The local currency hit R12.80 on Thursday on positive global indicators, including a softer dollar

1 day ago
Oil falls as inventories rise for seventh week

Brent slips to $56.10 after data show increase in US crude inventories, indicating the market is still struggling to ease oversupply

1 day ago
JSE opens weaker as resources take a breather

Momentum SP Reid analysts says support for the rand and an inconsistent tone on Asian markets is likely to lead to ‘selling pressure for domestic assets’

1 day ago
Rand slightly softer after hitting best level in more than 18 months

Rand Merchant Bank analyst John Cairns says the local currency initially ‘liked the budget’ but the unusually large moves on Thursday were due to global issues

1 day ago
Bonds in stable range as rand strengthens

Rand Merchant Bank analyst Gordon Kerr says a local government-backed securities have not ‘come close to matching the performance of the currency’

1 day ago
Gold steady near three-and-a-half-month high

Metal is hardly changed at $1,249.37 amid the tempered expectation of a US rate hike in March and as investors await clarity on Donald Trump’s economic policy

1 day ago
Asian stocks slip from one-and-a-half-year highs

Equities in Asia take a breather amid sudden falls in copper and other commodity prices while investors assess Washington’s stance on tax and currency policies

1 day ago
Oil slips as stockpiles rise for seventh consecutive week

Brent falls to $56.46 after government data show growing stocks, although losses are muted as inventory growth was well below expectations

1 day ago