The rand firmed against the US dollar on Thursday after the South African Reserve Bank (SARB) hiked its repo rate by 75 basis points as expected. At 20h40 the rand traded 1.28% firmer at R17.02 a...
Wall Street rose after meeting minutes from the US Federal Reserve showed that policymakers believed slower interest rate cuts could be more plausible going forward. “The November meeting...
Most markets closed in the green on Tuesday, despite the Organisation for Economic Co-operation and Development (OECD) forecasting slower economic growth around the globe next year. According to an...
The price of Brent crude traded at levels last seen in February this year after news reports that OPEC+, the petroleum consortium, could discuss an supply increase of half a million barrels during its...
The JSE closed 0.60% higher on Friday at 72 577 points, led by financials and industrials. Focus was mainly on the planned evaluations of South Africa's sovereign credit ratings by S&P Global...
Wall Street traded lower on Thursday following a mixed bag of corporate earnings and a selloff in high-growth and technology stocks amid rising Treasury yields. Markets in Europe also ended the day in...
Wall Street struggled for direction on Wednesday after policymakers fretted on a potential conflict in Europe after a suspected Russian missile struck two civilians in Poland. The president of the...
Most global markets closed in the green on Tuesday after optimistic Producer Price Index (PPI) data in the US fuelled hopes that the US Federal Reserve (Fed) might slow its hiking policies. Data...
Wall Street opened lower on Monday after a Federal Reserve (Fed) official warned against being too optimistic following one better-than-expected inflation rate report. Fed Governor Christopher Walker...
US stocks finished higher on Friday, extending Thursday's gains prompted by better-than-expected inflation data for October 2022, which made a case for a 50-basis point rate hike at the next Federal...