The Inflation Reduction Act, which will likely be passed by Congress this week, contains multiple provisions impacting the energy industry in the U.S. Here is how traders and investors in...
South Africa Market Review South African markets closed in the red yesterday, dragged down by mining sector stocks. Gold miners, Gold Fields (JO:GFIJ), AngloGold Ashanti (JO:ANGJ) and...
Wall Street rallied on Wednesday, with the S&P 500 adding over 2% to its highest level in nearly three months, while the Dow Jones Industrial Average and the Nasdaq rose by 1.60% and...
Chinese equities sharply outperformed U.S. markets in May and June but not July After awful one-year returns, China market could be a buy FXI’s bullish seasonal trend is something to...
South Africa Market Review South African markets closed in the green on Monday, buoyed by broad based gains in mining and retail sector stocks. Gold miners, AngloGold Ashanti (JO:ANGJ),...
In observation of Women’s Day in South Africa on the 9th of August 2022, the local stock exchange was closed for trading, therefore we shall provide a brief recap of Monday’s...
Market ScorecardUS markets closed lower yesterday, as investors await inflation figures out later today. This time last month we saw a horrid number, so no one is feeling too brave about...
Oil prices saw the largest gain in over a week on Monday as traders kept a close watch on US-Iran nuclear talks and the outlook for global demand. “Uncertainty about Iranian supply...
Earnings show that companies (except for the banking sector) managed to pass on inflation almost entirely to the final customer Costs have increased considerably, pressuring...
U.S. added more than double the jobs forecast in July Fed policymakers have had to affirm strong action to tame inflation Bank of England is under attack as inflation rages The U.S. is...
Last week was positive for most stock markets around the world Bullish sentiment increased 2.8 points to 30.6% Friday's U.S. employment figures pose a big short-term risk Led by a +2.15%...
Money illusion has made the energy spike look worse than it is The CPI report is this week; Will median show any sign of peaking? Wages do not appear to be slowing at all. Last week, I mused...
Wall Street traded in the red on Friday after data showed bigger-than-expected wage growth and payroll gains in the largest economy in the world. "The Labour Department's closely watched...
Is there a recession, and to what extent is politics involved? Was last week a fluke? Why I think there currently is or will be a recession, according to all definitions. How should I...
U.S. inflation data, Fed rate hike expectations, more earnings in focus. |Roblox stock is a buy ahead of Q2 results, due Tuesday. |Rivian shares set to struggle amid ongoing...
In Thursday's trading session in local markets, the JSE Top 40 closed the day up 0.21%. The Resources 10 Index rose by 0.77%, the Financial 15 Index contracted by 0.11%, the Industrial 25...
Market Scorecard Yesterday, US markets went sideways in a rather slow day of trading. Company earnings have been resilient and there are signs that inflation is easing, so stocks have been...
South Africa Market Review South African markets closed in the green yesterday, buoyed by gains in mining and retail sector stocks. Diversified miners, Exxaro Resources (JO:EXXJ) and Anglo...
Following FOMC meeting, markets have been pricing a kinder Fed But Fed governors and board members have been pushing back May turn out that markets have made a massive miscalculation The...
Brent crude traded at a price last seen before Russia invaded Ukraine in February 2022 on Thursday, trading below $95 a barrel at 18h00. “EIA data showed that US crude stockpiles grew...
In Wednesday’s trading session in the local markets, the Top 40 closed the day up 0.99%. The Resources 10 sector declined by 0.41%, the Financial 15 increased by 2.03%, the Industrial...
Market ScorecardUS markets rose yesterday, as satisfactory corporate earnings continued to roll in. Stocks rallied by as much as 2.9%, lifting the Nasdaq to levels last seen in May. It's...
South Africa Market Review South African markets closed in the green yesterday, as a better than expected US economic data eased fear that recession is inevitable. Retailers, Steinhoff...
Markets rebounded on Wednesday after a slew of upbeat earnings reports from companies, and geopolitical tensions faded after Nancy Pelosi, US House of Representatives Speaker concluded her...
Back-to-school shopping season underway Another record year of spending expected Consumer Discretionary sector performed best since the market low The back-to-school shopping season is in...
