Oil edges up as global markets steady and lower demand tempers gains

The rand is back where it was when Zuma was in charge, and its woes are only partly the result of global factors, as Ramaphosa plays populist politics in the ...

Steven Schultz from Momentum talks to Business Day TV about Anheuser-Busch InBev, his stock pick of the day

Wayne McCurrie from FNB Wealth and Investments talks to Business Day TV about Naspers and David Shapiro from Sasfin Securities discusses Nvidia

The metal pared heavy early losses that came in the midst of a broad commodity sell-off as short-covering and a softer dollar provided support

Brent recoups some of the previous day’s losses as traders react to Beijing saying it will send a delegation to Washington in an attempt to resolve the ...

The news also lifted the euro and yuan, but Turkey’s currency crisis and concern about a slowdown in Chinese economic growth kept equities under pressure

Results are due from Standard Bank, Truworths, Gold Fields and others, while Tencent’s fall in Hong Kong suggests Naspers investors may have overreacted ...

Moody’s warning, Naspers’s slide, land expropriation without compensation and shock retail sales data contribute to the local currency’s fall

Market data including bonds, unit trusts and fuel prices

The dollar index hits a 13-month high, pressuring commodities; the Turkish lira extends its bounce but many early gains fizzle out, as China’s yuan falls

Local bourse sees its worst one-day performance since June 2016 amid a spate of negative local news and renewed risk-off trade on global markets

The rand has weakened 3% against the dollar on renewed risk-off sentiment, and the Dow has opened 1% lower amid retreating European markets

World trade volume growth peaked in January, and since then has nearly halved to less than 3% by May

A sharp fall in the Turkish lira and bad news domestically is weighing on the local currency, with the rand slipping towards R15 to the dollar

The metal is under pressure as the dollar climbs towards its highest in more than a year amid concern about the global market contagion from Turkish crisis

The rand weakened to as much as R14.72 just before noon, which suggests foreign selling of local stocks