South African futures closed lower on Tuesday in line with the local bourse, which suffered broad-based losses.Weaker prices for most commodities, and risk-off sentiment, put pressure on the JSE, despite US equity markets opening at record levels as a two-day US Federal Reserve meeting got underway.US energy firms and telecoms stocks led gains in early trade, with the former buoyed by the outlook on the price of Brent crude, reported Dow Jones Newswires.International focus remains squarely on monetary policy decisions by global central banks this week, while domestic headlines related to the ANC succession battle continue to pose a risk to the rand.The ANC elective conference kicks off on Saturday, with multiple ongoing court battles threatening to throw a spanner in the works, notably attempts to overturn the outcome of the party’s Free State provincial conference.Wednesday sees the major global risk event — the release of the US Fed’s interest-rate decision and accompanying commen...
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