File: The rand weakened to 15.3821 per dollar, as concerns about the global economy overshadowed improved local retail sales data.
JOHANNESBURG - South African stocks slipped to a near six-month low on Wednesday after the US Treasury bond yield curve inverted for the first time since 2007, reflectingBoth of the country's major stock indexes weakened more than 2 percent following the inversion in"When that yield inverts, historically, its quite a strong recession signal in the US.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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Business Maverick: Foreigners Are Dumping South African Bonds as Junk Status LoomsInvestors have been dumping South African government bonds at a rate of almost 2 billion rand ($132 million) a day in August.
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US stocks slide 3% as recession fears grip marketsTrump blames Fed for economic woes, saying the US central bank is a bigger threat than China and is ‘clueless’
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SA stocks approach six months low as recession fears riseBoth of the country’s major stock indexes weakened more than 2% following the inversion in the US debt market, a situation where shorter-dated borrowing costs are higher than longer ones.
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Global recession fears stocked as European stocks fallGermany’s economy is going into reverse as the US-China trade dispute takes a global toll
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