The prospect of looser monetary policy at home and abroad boosts the JSE, while PepsiCo’s offer to buy Pioneer Foods also adds some fizz
The public protector found that President Cyril Ramaphosa ‘deliberately’ misled parliament about a R500,000 donation from corruption-implicated company Bosasa
Gold is up about 1.7% for the week, while silver is set for its best week in three years, and platinum is up 1%
Oil is still, however, set for a weekly decline, with the IEA reducing its 2019 oil demand growth forecast
In oil markets, crude surged after the US said its navy had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global flows
New York Federal Reserve Bank CEO John Williams says it would be better to take ‘preventative measures’ as expectations rise for a rate cut
Nesan Nair from Sasfin Securities and Nick Crail from Ashburton Investments talk to Business Day TV
The Reserve Bank cut interest rates by 25 basis points on Thursday, with market expectations of a 50 basis point cut continuing to unwind a little
Steven Schultz from Momentum talks to Business Day TV about his stock pick of the day
Prices climb after renewal of Mideast tensions but are set for a weekly drop of more than 5%
MSCI Asia-Pacific index and Nikkei rise on expectations of a US interest rate cut
Metal is up nearly 2% so far this week on tensions in Middle East and Federal Reserve official’s comments on interest rate cut
Local bourse could follow global stocks higher after dovish rates comments by New York Fed CEO
The Reserve Bank monetary policy committee voted unanimously to cut interest rates by 0.25 percentage points to 6.5%
The rand reacted positively to SA’s first cut in 16 months, but analysts warn the global backdrop may make further cuts a risky prospect
Brent is down 0.2% and WTI down 0.3%, with oil prices down sharply for the week
The ongoing trade dispute is now affecting corporate earnings, unnerving Wall street, and being felt in Asian and European markets
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV
Global trade is risk-off, while local markets await expected 25-basis-point cut
