The JSE closed lower on Thursday, with a stronger dollar putting pressure on local banks and financials.
The rand was about 1% weaker at R14.4087/$ as the JSE closed, but was faring a little better against the euro and the pound. European banks were sharply down after the ECB’s announcement. Local news was a little downbeat. The Reserve Bank said that SA’s current account deficit narrowed to 2.2% of GDP in the fourth quarter of 2018, from 3.7% in the third quarter. Although a smaller deficit is good news for the rand, a closer look at the data, however, showed that this was due to weak local demand rather than economic strength, said Capital Economics senior emerging-markets economist John Ashbourne.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
MARKET WRAP: Naspers leads the JSE higherThere were few catalysts to give global markets direction, while local economic news was downbeat
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
MARKET WRAP: JSE falls despite better-than-expected GDP growthThe local bourse brushes off positive local economic news, with miners, retailers and industrials under the most pressure on the day
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
MARKET WRAP: JSE kicks off new month positivelyAfter gaining 3.41% in February, the all share began March with broad-based gains, with rand hedges leading the pack
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
MARKET WRAP: JSE flat as Naspers offsets slump by banksGlobal equities have been buoyed by further signs that a US-China trade deal is imminent, while local banks and gold miners came under pressure
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
The real state of the residential rental market
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »
Market Theatre photographs misleading: spokespersonImages that show the Market Theatre building in a bad state of repair are misleading, theatre spokesperson Sershan Naidoo says.
La source: eNCA - 🏆 49. / 51 Lire la suite »
Market watchdog to act against Steinhoff suspects within weeksMarket watchdog to act against Steinhoff suspects within weeks | BISouthAfrica BISouthAfrica Is this supposedly indirect warning for him to prepare himself or run out of the country?....Since when 'Polices' tell their next move publicly? BISouthAfrica
La source: News24 - 🏆 4. / 80 Lire la suite »
Rand softer as market waits for new catalystsThere are few major events on Wednesday to give the rand its direction, with focus on Thursday's European Central Bank policy announcement
La source: BDliveSA - 🏆 12. / 63 Lire la suite »