MARKET WRAP: Rand and JSE weaken as Mboweni comes clean on challenges

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Rand loses more than 1.6% and bond yields jump as finance minister sends the ‘right message about the distressing numbers’

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE edges lower amid global equity-market retreatGloomy Chinese data weighed on sentiment, while global risk remains as Tuesday’s Brexit vote looms
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rebounding rand lifts JSE, helped along by Brexit woesThe oil price also climbed a little, settling after a 12-day losing streak, but motorists are still expecting a petrol price cut of about R1.50 a litre in December
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE flat as rand hedges offset retailer gainsThe local bourse finished January up 2.69%, but this was a tepid performance in a global context, largely due to a poor performance from retailers
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand falls on Friday but retains most of week’s gainsThe JSE was dented by global risk aversion, while Naspers’s results failed to lift the market ahead of the Trump-Xi meeting this weekend
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand ends week almost where it started after rollercoaster rideThe JSE, which averages turnover of about R20bn on a busy day, capped Friday with trades of almost R22.5bn.
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand remains firmer following US Fed newsUS Fed chair Jerome Powell confirms that 2019 will see two, not three, rate increases
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Firmer rand boosts banks and financialsIn a generally risk-off mood in global markets, which saw gold shares gain, the JSE ended lower as Naspers fell for a third consecutive day
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips in broad-based losses as Fed turns hawkishMARKET WRAP: JSE falls 1% in broad-based losses as Fed turns hawkish
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes flat but extends losses to fourth consecutive weekJSE indices are mostly little changed amid a lack of clear direction from global markets and general concerns about geopolitical risk
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes slightly up as strong opening fizzles outMiners retreated on a weaker oil price as financials and retailers ended the day mixed, with the rand standing its ground despite a stronger greenback
Source: BDliveSA - 🏆 12. / 63 Read more »