Brent futures fell 1.9% and West Texas Intermediate $1.07
Pandemic lockdowns around the world, especially in China, are curbing the rally after Joe Biden’s inauguration
Caution prevails as China implements stricter lockdown measures, with the rand extending its losses
Spot gold falls as US Treasury yields help keep dollar steady
Brent crude futures fall as oil slides on new pandemic restrictions in China
Hopes of $1.9-trillion US fiscal stimulus plan drive S&P 500 and Nasdaq Composite to record highs
The world’s second-largest economy is grappling with a rise in infection rates, and a cautious tone prevails on Asian markets
Prices are on track for their first back-to-back weekly decline since early October
The rand maintains the resilience that saw it dip below R15/$ late in 2020
Republicans have indicated they are willing to work with President Joe Biden on a $1.9-trillion US fiscal-stimulus plan
Wayne McCurrie from FNB Wealth and Nesan Nair from Sasfin Securities talk to Business Day TV
Viv Govender from Rand Swiss Offshore talks to Business Day TV about stock pick of the day
Markets tracked record high closes on Wall Street overnight as the US enters a new era
Cannon Asset Managers CEO Adrian Saville talks to Business Day TV about his stock favourites for 2021
Covid-19 travel restrictions are hurting the near-term outlook for demand
Bullion’s gains were limited by some profit booking as President Joe Biden gears up to jump-start the US economy
The Reserve Bank is expected to leave rates unchanged, while global markets rally on hopes of US stimulus
The US treasury secretary nominee Janet Yellen says the benefits of a big stimulus package outweigh the expense of a higher debt burden
