The rand traded at levels last seen in October 2020 on Friday, while the JSE weakened for a third session running as markets began the new month on the back foot.
As has been the theme of late, markets focused on surging inflation, rate hikes and Russia’s invasion of Ukraine — all of which have helped fuel fears of a global recession...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
ɪ'ᴍ ɴᴏ ᴇxᴘᴇʀᴛ ɪɴ ᴛʀᴀᴅɪɴɢ ʙᴜᴛ ɪ ʜᴀᴅ ɢᴏᴏᴅ ɢᴜɪᴅᴀɴᴄᴇ ᴡɪᴛʜ mamats38 ᴀɴᴅ ʜer ᴛᴇᴀᴍ, ɪᴛ'ꜱ ʙᴇʏᴏɴᴅ ᴇʏᴇ ᴏᴘᴇɴɪɴɢ, ᴡɪᴛʜ ᴛʜᴇꜱᴇ ᴛᴇᴀᴄʜɪɴɢꜱ ᴀɴᴅ ᴛʀᴀᴅɪɴɢ ꜱᴋɪʟʟ, I'ᴠᴇ ʜᴀᴅ ɴᴏᴛʜɪɴɢ ʙᴜᴛ ᴄᴏɴᴛɪɴᴜᴇᴅ ꜱᴜᴄᴄᴇꜱꜱ.
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MARKET WRAP: JSE weaker as central bankers remain hawkishECB president Christine Lagarde tells the bank’s annual forum that the era of cheap money is over, while Fed chair Jerome Powell says inflation remains a bigger threat than recession I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
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MARKET WRAP: JSE ends the month on a sour noteThursday’s losses take the bourse’s decline to 8.14% for the month and 10.16% so far this year as investors fret about recession
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JSE shines in a tough market[ICYMI]Today on the MoneywebNOW podcast with SimonPB, analysis of the JSE’s trading update, results from Nike and the need for infrastructure spending. download the podcast in the link below:
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Simon’s weekly wrap: Business adapting to the times[LISTEN] This week MoneywebNOW looked at Naspers and Prosus results, retail trends post-pandemic and amid an energy crisis, green bonds for home solar, Nike results and balancing ESG elements, with SimonPB MoneywebNOW Naspers Prosus Naspers SimonPB ɪ'ᴍ ɴᴏ ᴇxᴘᴇʀᴛ ɪɴ ᴛʀᴀᴅɪɴɢ ʙᴜᴛ ɪ ʜᴀᴅ ɢᴏᴏᴅ ɢᴜɪᴅᴀɴᴄᴇ ᴡɪᴛʜ mamats38 ᴀɴᴅ ʜer ᴛᴇᴀᴍ, ɪᴛ'ꜱ ʙᴇʏᴏɴᴅ ᴇʏᴇ ᴏᴘᴇɴɪɴɢ, ᴡɪᴛʜ ᴛʜᴇꜱᴇ ᴛᴇᴀᴄʜɪɴɢꜱ ᴀɴᴅ ᴛʀᴀᴅɪɴɢ ꜱᴋɪʟʟ, I'ᴠᴇ ʜᴀᴅ ɴᴏᴛʜɪɴɢ ʙᴜᴛ ᴄᴏɴᴛɪɴᴜᴇᴅ ꜱᴜᴄᴄᴇꜱꜱ.
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Market data — June 29 2022Market data including bonds and fuel prices
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