News Formal

MARKET WRAP: JSE closes lower as markets digest US employment data

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The chances of an interest-rate cut in the world’s largest economy have fallen, putting pressure on the rand and local shares

Non-farm payrolls —

The unemployment rate rose to 3.7% in June from 3.6% in the previous month, while average wages grew 0.2%, unchanged from May. The benchmark R186 government bond was weaker, with its yield rising 9.5 basis points to 8.16%. Bond prices move inversely to bond yields. Among gold miners, Gold Fields fell 2.27% to R71.93, Sibanye-Stillwater 2.19% to R15.60, AngloGold Ashanti 1.46% to R247.43, and Harmony 0.64% to R30.86.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
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:

 /  🏆 12. in BE

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: JSE closes lower as rand strength fails to lift banking stocksThe rand broke below R14/$ in intra-day trade on expectations that the US Federal Reserve will cut interest rates
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

MARKET WRAP: JSE closes lower as rand strength fails to lift banking stocksThe rand broke below R14/$ in intra-day trade on expectations that the US Federal Reserve will cut interest rates
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

MARKET WRAP: Gains by gold and platinum miners fail to buoy JSETrade is cautious ahead of the US Independence Day holiday, with local banks and retailers under pressure, while gold miners shine
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

Market Theatre: Frontieres: Real-life stories of strangers in a strange and hostile land‘Frontieres’ (Borders), on at the Market Theatre in Johannesburg, is about the people who cross borders and enter South Africa, after fleeing war, famine and poverty, only to find invisible barriers barring them from finding a home.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »