SA recorded a trade surplus of R4.42bn in June, compared to a downward revision of R1.7bn in May, slightly above analyst expectationsThe JSE closed lower on Wednesday as investors await the US Federal Reserve’s interest-rate decision, with the expectation that the central bank will ease monetary policy amid concern over a slowdown in global economic growth.
The National Treasury said on Wednesday that it would increase the size of its weekly bond auctions to fund Eskom and the anticipated tax-revenue shortfall. The Eskom bailout of R59bn has been labelled as credit-negative by Moody’s Investors Service, which is the only major global ratings agency that has not placed SA below investment grade.
The JSE all share fell 0.8% to 56,784.60 points and the top 40 0.8%. Gold miners were down 4.45% and resources 1.05%.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
MARKET WRAP: JSE has worst day in two months as Trump attacks China on tradeJitters over the US-China trade war weigh on global markets, while local corporate news is mixed, and local economic data disappointing
Leggi di più »
MARKET WRAP: JSE has worst day in two months as Trump attacks China on tradeJitters over the US-China trade war weigh on global markets, while local corporate news is mixed, and local economic data disappointing
Leggi di più »
China will boost economy but won't use property market for stimulus, says PolitburoWith China's economic growth slowing to near 30-year lows investors want to know how much more stimulus Beijing will roll out
Leggi di più »
Business Maverick: Why Donald Trump Can’t Steer the Global Car MarketTurns out that overturning the Obama administration’s fuel-economy rules isn’t as easy as it seems.
Leggi di più »