Rand slips as market awaits domestic data
June 11, 2015--The rand has traded softer against the dollar, with scope to extend losses should domestic mining
and factory output numbers come out weaker than expected.
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Source: FIN24
Rand slips as market awaits domestic data
June 11, 2015--The rand has traded softer against the dollar, with scope to extend losses should domestic mining
and factory output numbers come out weaker than expected.
view more
Source: FIN24
JSE indices dip in volatile trade
June 10, 2015--Share prices have recovered on the JSE in morning trade,
but analysts warned this is just a technical rebound after the previous day's relatively high selling volumes.
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Source: FIN24
Rand up but still hit by ailing economy
June 10, 2015--The rand has climbed nearly 1% against the dollar although concerns about the faltering economy
are likely to cap gains.
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Source: FIN24
AngloGold creates buzz on JSE
June 9, 2015--Interest on the JSE has focused on the gold sector, with AngloGold Ashanti stocks shooting up
after it sold its Colorado mine to the largest US gold producer.
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Source: FIN24
Rand slips on new public sector wage bill
June 9, 2015--The rand has edged weaker as public sector wage pressures
threatened to scupper the unit's recovery from 13-and-a-half-year lows.
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Source: FIN24
Rand recovers some poise on Fitch fillip
June 8, 2015--The rand has regained some of its footing against the dollar after plunging to a 13-and-a-half-year low
after rating agency Fitch held off downgrading the economy.
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Source: FIN24
Nigeria: JP Morgan Threatens to Remove Nigeria From Key Bond Index
June 8, 2015--JP Morgan has threatened to remove Nigeria from its Government Bond Index (GBI-EM) by the year-end unless the Central Bank of Nigeria, CBN, restores liquidity to foreign exchange market
to allow foreign investors tracking the benchmark to transact with minimal hurdles.
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Source: allAfrica.com
OPEC keeps taps open despite low oil price
June 5, 2015--OPEC has again defied calls to cut output despite the low oil price, extending its new strategy to
preserve market share and fend off cheaper competition.
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Source: FIN24
JSE lacklustre as market awaits rating outcome
June 5, 2015--Local financial markets have hardly reacted to remarks by IMF chief Christine Lagarde as they await
the latest rating from Fitch credit rating agency.