The JSE ended a four-week winning streak on Friday, but the rand returned to gains after losing nearly 2% in the first week of the year as geopolitical tension had a deleterious effect on emerging markets.
US non-farm payrolls for December came in below market expectations, data showed on Friday. Non-farm payrolls increased by 145,000 from 256,000 in November. This was below the consensus of 164,000, according to Trading Economics. The labour data is considered a crucial indicator of the health of the US economy.
Earlier, the Shanghai Composite was little changed while Hong Kong’s Hang Seng rose 0.27% and Japan’s Nikkei 0.47%. Gold was flat at $1,552.83/oz but recorded its fifth consecutive weekly gain. Platinum added 0.56% to $973.16. Brent crude lost 0.34% to $65.18 a barrel.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: Gold miners have biggest one-day drop in almost a monthThe rand began the day stronger but turned negative as local manufacturing data contracted more than expected
Source: BDliveSA - 🏆 12. / 63 Read more »
Market data - January 8 2020Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »
Anglo mulls getting back into fertiliser market with R7bn offer for UK potash minerThis would be Anglo American’s first major purchase since 2007
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: How the oil market reacted to US-Iran tensionDavid Elmes from the Warwick Business School talks to Business Day TV about the tension in the Middle East
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »