Brexit fallout drags down JSE
June 27, 2016--Financial shares on the JSE with direct exposure to the UK economy have traded sharply down, which in turn led the rest of the market lower.
view more
Source: FIN24
Volatile rand dives over Brexit as Fed silver lining emerges
June 27, 2016--The rand has remained the worst-performing emerging market currency, but an analyst says there is a silver lining for the local unit.
view more
Source: FIN24
Gold shares score on JSE as Brexit prompts safe haven flight
June 24, 2016--Gold shares have been the big winners on the JSE as investors poured into safe havens to escape global market turmoil after Britain voted to leave the European Union.
Brexit sends rand diving worse than Nene firing
June 24, 2016--The rand has plunged more than the day President Jacob Zuma fired former finance minister Nhlanhla Nene as the UK voted to leave the European Union.
view more
Source: FIN24
Rand on front foot on surprise CPI, 'Bremain'
June 23, 2016--The rand has been on the front foot, trading below R14.60/$ on better than expected inflation data and as markets price in a "Bremain" vote.
view more
Source: FIN24
JSE investors on sidelines as world awaits Brexit vote
‎June 23, 2016--Local investors have mostly been on the sidelines, with slight gains in the two main indices as the Resources index strengthened 1.10% in morning trade.
view more
Source: FIN24
Financials shine as JSE rides wave of renewed risk appetite
June 22, 2016--Financial shares have been the biggest winners on the JSE, as the local market rides a wave of renewed global risk appetite as investors bet Britain will stay in the EU.
view more
Source: FIN24
South Africa: China to Start Direct Trading Between Yuan, South African Rand
June 21, 2016--China announced Friday it will allow direct trading between the Chinese yuan and South African rand on its inter-bank foreign exchange market from Monday.
view more
Source: AllAfrica.com
Africa: Africa Growth Falls to 1.7 Percent
June 21, 2016--Strong GDP growth in Africa has masked disappointing productivity, according to The Institute of Chartered Accountants in England and Wales (ICAEW's) latest Economic Insight: Africa Quarter 2 report.
view more
Source: AllAfrica.com
Chinese stocks decline to lowest since Jan 2015
June 21, 2016--Volatility in Chinese stocks has fallen to the lowest since January 2015 as the benchmark gauge eked out gains amid a lack of trading catalysts.
view more
Source: FIN24