Rand remains steady at firmer levels on weaker dollar

The rand drips below R12.50 to the dollar as the greenback weakens against the euro after Republicans postpone a vote on Trump’s healthcare plan until Friday

3 hours ago
JSE opens flat as market mulls stronger rand

Banks and retailers usually benefit from a firmer rand, but most of the good news may already be factored in, analysts say

5 hours ago
Bonds pause after strong rally

Rand Merchant Bank analyst Deon Kohlmeyer says the more benign inflation outlook and improving current account have boosted sentiment

5 hours ago
Rand holds on to its hefty weekly gains

TreasuryOne currency dealer Andre Botha says the local currency is ‘cascading down like a waterfall’, with a run on R12.20/$ seeming ever more likely

6 hours ago
Gold slips ahead of US healthcare vote

Metal falls to $1,243.23 against a backdrop of a rising dollar as markets wait to see whether Donald Trump succeeds in pushing through healthcare reforms

7 hours ago
Rand stands firm despite delay in ‘Trump tantrum’

The rand remained under R12.50/$, defying a dollar that strengthened against the yen to send Japanese manufacturers’ stocks up on Friday morning

7 hours ago
Dollar and stocks inch up as US healthcare vote is back on

Greenback recoups some lost ground amid signs a delayed vote on President Donald Trump’s healthcare bill will go ahead later in the day

7 hours ago
Oil edges up as Saudi Arabia cuts supply

Brent rises to $50.63, supported by a fall in Saudi exports to the US, but overall markets remain under pressure as a result of a world market awash with fuel

7 hours ago
Market data: March 23 2017

Market data including bonds, unit trusts and fuel prices

18 hours ago
Futures marginally higher as JSE closes lower in subdued trade

The JSE closes lower as platinum and gold stocks retreat in subdued trade, volumes were low with R11.9bn traded at the close

21 hours ago
MARKET WRAP: JSE closes weaker as platinum and gold stocks retreat

Volatile commodity prices put pressure on platinums and gold, as did the firmer rand, which saw industrials also pull back in late trade

21 hours ago
JSE closes weaker as platinum and gold stocks retreat on firmer rand

Predictions that the Reserve Bank could loosen monetary policy later in 2017 had limited effect on the market, despite positive economic data released on ...

21 hours ago
Inventories curb recovery in oil prices from four-month lows

Brent remains below this year’s high above $58, reached after January 1 when the deal between the Opec and non-Opec states to curb supplies came into effect

21 hours ago
Firmer dollar weighs on gold

Gold barely changed, while palladium hit its highest price in 22 months, helped by economic data

22 hours ago
Rand trades at its best level in 18 months

But Barclays Research analysts warn the greenback’s five-year bull run is ending

23 hours ago
Bonds firm to their best level in 17 months as rand breaks through resistance

Local bonds are riding the wave of firmer US treasuries and a bias towards emerging markets in risk-on sentiment

23 hours ago