Concern that the US-China trade war will escalate before any resolution is found is weighing on global equities, with local banks leading the losses
The rand was the third-biggest loser among emerging-market currencies, with only the Brazilian real and Argentinian peso doing worse
Added to the tailwind from oil, the rand’s slight decline versus the dollar during the week would also have aided Sasol
Spot gold may fall towards $1,264 with silver hitting a five-month low; palladium is down 19% from a record peak in March
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US sanctions on Iran cut Opec output, with rising Middle East tensions threatening additional supply disruption
Risk aversion sets in as Shanghai shares drop with Trump targeting Huawei; the dollar, yen and pound are all faring poorly
Markets in China and Hong Kong are taking strain on Friday, on concern that the US-China trade conflict will escalate further
SA miners are saddled with ore that typically produces twice as much platinum as palladium, at a time a platinum surplus is weighing on prices
The rally in the rand has been dampened by the ongoing tension between the US and China
Drikus Combrinck from Capicraft and Bright Khumalo from Vestact talk to Business Day TV
Steven Schultz from Momentum talks to Business Day TV about his stock pick of the day
Equities battle as upbeat US economic news and solid company earnings offer only a fleeting respite from the trade war between China and the US
Brent is up 3.4% for the week while market awaits decision from Opec and other producers over whether to continue with supply cuts
Spot gold falls 0.1% on firmer dollar and strong US data and corporate results
Investors remain concerned about US-China trade tensions while luxury goods company Richemont is expected to report a rise in full-year revenue
Analysis shows foreign investors have increased their exposure to SA-listed gold and platinum producers
The all share was up 0.88% with resources leading the gains, up 1.08%; the top 40 rose 0.97%
