The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.
Conduit Capital CNDJ.J HY results
Inflation-linked bond auction
Weekly Treasury bill auction
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SOUTH AFRICAN MARKETS
Rand weakened on Thursday for a third straight session amid worries that a potential global trade war could curb economic growth and metals demand, overshadowing signs locally of an economic turnaround. .J ZAR/
Asian shares rallied and the safe-haven yen eased on Friday after North Korean leader Kim Jong Un offered to stop nuclear and missile testing and U.S. President Donald Trump agreed to a meeting that could come before May. MKTS/GLOB
The three major U.S. stock indexes closed higher on Thursday after President Donald Trump appeared to soften his stance on trade tariffs, easing trade war fears that had had the market on edge for a week. .N
Gold prices extended losses into a third session on Friday as the dollar strengthened against the yen on hopes of easing tensions between the United States and North Korea and ahead of U.S. non-farm payroll data later in the day. GOL/
Some of the main stories out in the South African press:
- Sanlam cuts bonuses on Steinhoff contagion
- MTN to revisit financial services in SA
- SAA in far deeper trouble
- Sanlam buys out Saham
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