MARKET WRAP: JSE lifted with gold miners leading the gains

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Retail sales growth slowed to 1.1% in August, while the Bloomberg median forecast was for an increase of 1.7%

The JSE closed higher on Wednesday, with gold miners leading gains, while the rand pared some losses after weakening through the R15/$ level for the first time this week.

At 5.30pm, the rand had weakened 0.3% to R14.9304/$, 0.56% to R16.5153/€, and 0.67% to R19.1627/£. The euro was up 0.27% to $1.1062. Global markets were mixed on Wednesday as investors await further direction regarding the Brexit deal and the US-China trade war, amid fears that these geopolitical issues will continue to weigh on global growth.

Markets have partially priced in a third interest-rate cut this year from the US Federal Reserve amid fears the slowing US economy.

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 closes lower as trade war optimism fadesThe rand was still the best performing emerging-market currency over the past five days after hitting a three-week high on Friday
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand extends losses as risk sentiment wanesThe rand is likely to remain volatile as markets await the medium-term budget; the rescue plan for Eskom; and a credit-ratings review from Moody’s
Source: BDliveSA - 🏆 12. / 63 Read more »

STEVEN FRIEDMAN: Market is anything but free in health-care sectorThe lack of information for the layman means the medical industry holds all the cards
Source: BDliveSA - 🏆 12. / 63 Read more »

Global market stocks rise on cautious Brexit deal hopesSentiment remains fragile due to US-China trade war uncertainties
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data - October 14 2019Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »