The rand reached its weakest level in more than five months and stocks slumped to a six-month low as the global sell-off in assets showed no signs of abating as investors struggle to navigate an environment where economies are slowing and central banks are removing stimulus.
SA’s currency has moved from being among the most resilient among emerging markets to leading losses, partly as a rally in commodities that had previously supported it waned. Record levels of inflation in key economies have eroded the value of cash holdings, while bonds are suffering from heightened inflationary worries and stocks have been falling on speculation that higher interest rates will slow economic growth and hurt earnings...
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
JSE launches new equity market data analytics platformAfrica’s biggest bourse partners with data analytics provider big xyt to set up new platform called JSE Trade Explorer
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
Herkunft: News24 - 🏆 4. / 80 Weiterlesen »
JSE faces continued Asian market pressure on MondayInvestors remain jittery as they consider the willingness of central banks to aggressively fight inflation at the expense of growth
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
JSE faces continued Asian market pressure on MondayInvestors remain jittery as they consider the willingness of central banks to aggressively fight inflation at the expense of growth
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
JSE launches new equity market data analytics platformAfrica’s biggest bourse partners with data analytics provider big xyt to set up new platform called JSE Trade Explorer
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »