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JSE shrugs off market euphoria over Nkandla ruling
April 1, 2016--The rand has continued its strong surge, but the currency market's euphoria over the Constitutional Court's Nkandla ruling did not extend to the JSE.
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Source: FIN24
Saudi will only freeze oil output if Iran, others do
April 1, 2016--Saudi Arabia will only freeze output if other key producers, including Iran, take a similar measure, its deputy crown prince says.
JSE rally runs out of steam
March 31, 2016--The global run on financial markets did not last long and new worries about the oil price have put a damper on the strong recovery, with the JSE also losing ground.
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Source: FIN24
Rand firmer as SA awaits Nkandla ruling
March 31, 2016--The rand has firmed against the dollar, holding on to its high against the greenback as market focus is on the Constitutional Court's ruling on Nkandla.
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Source: FIN24
JSE stages strong rally on Yellen speech
March 30, 2016--Share prices on the JSE rallied strongly on Wednesday morning in line with world markets as investors pared back expectations on how fast and how far US interest rates might rise this year.
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Source: FIN24
South Africa: Rand Breaks Through R15/U.S.$ for First Time Since December
March 30, 2016--The rand has broken the R15/$ ceiling on Wednesday after US fed chair Janet Yellen surprised on Tuesday night with dovish comments,
depreciating the dollar against most currencies.
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Source: AllAfricanews.com
JSE dips on resources profit-taking
March 29, 2016--The JSE has not followed European markets higher as investors are still busy with selective profit-taking in the resources sector after its recent rally.
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Source: FIN24
Nigeria: Stock-More Troubles As Foreign Investors Withdraw Investments
March 28, 2016--There is strong indication that foreign investors who used to transact larger percentage of activities in the Nigerian stock market have been withdrawing their investments from the market.
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Source: AllAfricanews.com
Rand softer in line with EM currencies
March 24, 2016--The rand has retreated against the dollar, mainly reflecting the greenback's gains spurred by expectations of higher US interest rates this year
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Source: FIN24
South Africa: Shocker As Inflation Breaches Reserve Bank Target Again
March 24, 2016--The annual consumer price inflation (CPI) was 7% in February 2016, up from 6.2% in January 2016-when it breached the SA Reserve Bank's target range, Statistics SA announced on Wednesday.
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Source: FIN24