China Crackdown Sinks Asia
New Chinese Restrictions Sends Asia Lower The weekend was dominated by China’s announcements of a crackdown on Tencent (HK:0700) Music (NYSE:TME), and more importantly, its intention...
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Visa to Purchas CurrencyCloud for GBP700 million, Other Market Updates
Market Scorecard The US market continued to rally on Friday with the Dow Jones Industrial Average closing above 35 000 points for the first time. All three major indexes finished the week at...
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Market Review, Corporate Updates, Commodities & Currencies - 26.07.21
SOUTH AFRICA MARKET REVIEW South African markets closed in the green on Friday, buoyed by gains in retail and mining sector stocks. Retail stocks, Cie Financiere Richemont SA (JO:CFRJ),...
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Global Markets End Week on Buoyant Note
Most global markets ended last week in the green after a roller-coaster week of upbeat data and earnings reports, as well as continued accommodative monetary policies, combined with negative...
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Week Ahead: Mega Cap Tech Earnings, Fed Rate Decision Could Drive Big Moves
Approximately 165 S&P 500 companies set to release results this coming week Stocks rally, but so do Treasuries Trading last week began with fears that inflation and the still spreading...
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US And European Releases in Full Swing Next Week
On the local front, several heavyweights are scheduled to release results: {{erl-8731||Anglo American (JO:AMSJ) (Interim Results): Bloomberg expects headline earnings per share (HEPS) to...
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Lower Rates And A Stronger Dollar Pose A Problem For Reflation Sectors
This article was written exclusively for Investing.comRates are falling in the US, and investors appear to be wondering why. One doesn’t have to look too hard to figure it out; yields are...
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Market Review, Corporate Updates, Commodities & Currencies - 23.07.21
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, buoyed by gains in retail sector stocks. Lewis Group, Cie Financiere Richemont SA (JO:CFRJ) and Clicks...
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Markets Buoyed by Dovish Monetary Policies
The local bourse closed up by 1.27% on Thursday after the South African Reserve Bank (SARB) kept the repo rate unchanged as expected.The Monetary Policy Committee (MPC) unanimously voted to...
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Comment On the SARB’S Interest Rate Announcement
As expected, the South African Reserve Bank (SARB) has kept interest rates unchanged at 3.5%, with the decision being unanimous. Overall, the tone of the SARB’s statement was fairly...
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Unchanged Interest Rates Provide Temporarily Relief to Consumers And Businesses
Following the South African Reserve Bank’s (SARB) decision to keep its benchmark rate unchanged, FNB will maintain its prime lending rate at 7% and will review its position after the...
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Johnson & Johnson, Netflix and Earnings Releases to Watch Out For
Market Scorecard US markets closed higher yesterday for a second session in a row, recording the biggest back-to-back gains in since May. The dominant narrative now seems to be cheerfulness...
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Market Review, Corporate Updates, Commodities & Currencies - 22.07.21
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, recovering from losses amid concerns over the spread of Delta variant of coronavirus infection. Mining sector...
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Major Global Markets Recover After Earlier Sell-Offs
Major global indices recovered on Wednesday after a few days of heavy sell-offs due to investor concerns regarding the impact of the Covid-19 Delta variant on the global economic...
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Consumer Inflation Posts 4.9% y/y in June
Consumer inflation posts 4.9% y/y in JuneConsumer price inflation is up 4.9% y/y in June 2021, after posting 5.2% y/y in May, slightly above market expectation of 4.8%. Core inflation...
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Anchor Capital CPI Comment
The latest inflation print was released today (21 July), coming in at 4.9% YoY in June 2021, down from May’s 5.2% YoY print. The most notable point of this data release was that...
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Getting Swiggy With It, Facebook Plans to Pay Content Creators Over $1 Billion
Market Scorecard Global markets rebounded heroically yesterday after a nasty selloff on Monday. US shares shot up, with the S&P 500 and the tech-heavy Nasdaq recording their best trading...
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Market Review, Corporate Updates, Commodities & Currencies 21.07.21
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, buoyed by gains in mining sector stocks. BHP Group (JO:BHPJ), African Rainbow Minerals (JO:ARIJ) and Exxaro...
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Consensus Report: Manufacturing Data, Economic Growth and Inflation - August 21
Outlook improvesIncoming data for Q2 is mixed. Manufacturing production declined in monthly terms in April–May, while retail sales rebounded in the same period compared to Q1....
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Risk-off sentiment continues to impact markets
A decrease in US bond yields and persistent worries over the rise in Delta variant infections across the globe drove risk-off sentiment in markets on Tuesday.Most global markets were trading...
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What To Expect from This Week's SARB Meeting
What to expect from this week's South Africa Reserve Bank (SARB) meeting Much of this week's economic attention in South Africa will be on the South African Reserve Bank's Monetary Policy...
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A Beefy Comeback
Market Scorecard Global markets retreated yesterday, as Covid-19 Delta variant fears spread and renewed lockdowns loomed across the planet. The S&P500 fell the most in two months.These...
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Market Review, Corporate Updates, Commodities & Currencies 20.07.21
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday, as concerns over rising cases of the Delta variant of coronavirus dampened investor sentiment. Retail sector...
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Delta-variant fears push markets into the red
The price of oil fell more than 6% on Monday after “OPEC+ agreed to raise output amid anxiety that the rapid spread of the Delta coronavirus variant could lead to new restrictions and...
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Market Review, Corporate Updates, Commodities & Currencies - 19-07-21
SOUTH AFRICA MARKET REVIEW South African markets closed in the red on Friday, as concerns about damaged businesses and infrastructure caused by the civil unrest in the country, and its...
