News Formal

MARKET WRAP: Rand gains now up to nearly 6% in past month

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

日本 ニュース ニュース

The JSE also capped a good week on Friday, extending gains to four weeks for the first time since June

The rand has capped its longest run of gains against the dollar in 18 months as global stocks rallied, with fresh stimulus measures by the European Central Bank , helping cement the gains as investors sought higher-yielding investments.

Standard Bank trader Warrick Butler said the market had been waiting for the ECB to deliver, which it did in no uncertain terms, “so much so that they have pretty much given the market forward guidance for the next three years with seemingly open-ended intervention through asset purchases ... suffice to say that the euro can now be classified as the funding currency du jour”.

US President Donald Trump said on Thursday that the US and China had agreed to postpone the 25%-30% tariff on $250bn worth of the latter’s imports. Trump said the imposition of the tariffs would be moved from October 1 to October 15 as a “gesture of good will”. On Wednesday, China exempted 16 US products from additional tariffs, a move it affirmed early on Friday.

The JSE also capped a good week, with the all share now up 8.32% for 2019. It lost just more than 11% in 2018.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

MARKET WRAP: JSE boosted after ECB unleashes stimulusMining production increased by 2.4% year-on-year in July, from a contraction of 4.2% in June
ソース: BDliveSA - 🏆 12. / 63 続きを読む »

Netflix, Apple cross swords in Indian streaming marketIndia's video-streaming industry is expected to grow at nearly 22 percent per annum to 119 billion rupees ($1.7 billion) by 2023.
ソース: eNCA - 🏆 49. / 51 続きを読む »

Naspers spin-off Prosus soars by a third in its Amsterdam market debutThe group has spun off its internet assets, including its stake in Hong Kong-listed Tencent, into a new Amsterdam-listed subsidiary
ソース: BDliveSA - 🏆 12. / 63 続きを読む »

Growthpoint bets on UK property market recoveryThe UK-focused property group said it had deferred its interim dividend as Growthpoint considers a majority stake
ソース: BDliveSA - 🏆 12. / 63 続きを読む »

Newsdeck: Trump Administration Plans to Order Vaping Flavors Off MarketPresident Donald Trump called vaping a “problem,” and his health secretary said the government would force companies to remove flavored vaping products from the market as an epidemic of underage use shows no signs of abating.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »

Naspers spin-off Prosus soars by a third in its Amsterdam market debutThe group has spun off its internet assets, including its stake in Hong Kong-listed Tencent, into a new Amsterdam-listed subsidiary
ソース: BDliveSA - 🏆 12. / 63 続きを読む »