MARKET WRAP: JSE slips 1% as risk events loom

The JSE fell on Friday in broad-based losses, but ended the week a little higher, as investors digested data indicating a global economic slowdown.

The rand was a little firmer on Friday, putting some pressure on rand hedges, but the outlook for the currency remains somewhat cloudy. Political noise around the nationalisation of the Reserve Bank was weighing on the currency, whose bias was for weakening the rand, said Nedbank Corporate and Investment Banking analyst Walter de Wet in a note.

As the JSE closed, gold was up 0.86% to $1,348.10/oz while platinum had fallen 0.48% to $804.66. Brent crude was 1.29% higher at $62.12 a barrel.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

MARKET WRAP: JSE ends Thursday flat as retailers’ losses offset miners’ gainsA slightly weaker rand and sharp rise in the oil price benefited diversified miners, despite disappointing local data
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Youth lacking skills to enter job market | The MercuryPoor education system hampers SA matriculants and leads to stagnating marketplace This article is misleading. The term 'Youth' is used very loosely to describe a few young people; the article makes it seem as if an entire generation doesnt possess skills when in fact its a small portion 2ndly its the employers duty to train entry level employees. Parents MYANC NYDP ANCYL YDA DBE_SA DHET are too blame for producing a nation of unskilled youth... Become's a hurdle when entering the Labour Market..
Herkunft: IOL - 🏆 46. / 51 Weiterlesen »

Asian stocks cautious as traders await Chinese dataMarket focus is on China industrial production and retail sales
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »