The all share index hovered around record highs earlier in the day before easing along with global markets disappointed by US jobs data
The oil cartel surprised the market on Thursday when it stuck to plans to add 400,000 barrels per day supply in January
Global markets seem to be accepting the possibility of more Covid-19-linked activity curbs and an accelerated pace of stimulus tapering by the US Fed
JSE follows markets higher as investors’ focus turns to the US jobs report for November
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Brent and WTI crude futures head higher but oil prices still on course for a sixth week of declines
Gold declines 1.1% so far this week as officials say the Federal Reserve might accelerate stimulus tapering
Ride-hailing company’s plan to list in Hong Kong renews fears about US-China tensions and tech regulation
News that Chinese ride-hailing giant Didi is planning to delist in New York is putting pressure on tech stocks, while the rand is steady below R16/$
Opec and its allies plan to adjust crude output by an additional 400,000 barrels a day in January but could revisit decision amid Omicron uncertainty
Fed chair Jerome Powell’s comments on possibly speeding up the central bank’s tapering add to cautious sentiment
Global economic growth, despite slowing down somewhat, will still grow above capacity in the next two years
Investors fret that finance minister Lutfi Elvan’s exit will further diminishes the likelihood of a quick return to orthodoxy
Investors uncertain whether cartel will keep to previous agreement of releasing more crude or restrain supply
Fed chair Jerome Powell tells US Congress that inflation could persist in the second half of 2022, raising the prospect of an accelerated tapering programme
In his Congress testimony, Jerome Powell said the Fed needs to be ready to respond to the possibility that inflation may not recede in the second half of 2022
US markets came under pressure overnight as the country detected its first case of the Covid-19 variant
The emergence of the new Covid-19 variant has thrown a spanner in the works ahead of supply meeting
Uncertainty over the new Covid-19 variant, as well as news of US Fed tapering, capped gains
