May 26, 2017

FIN 24 – Markets



FIN 24 – Markets

News from across the globe, including equities, currencies, commodities and bonds.

FIN 24, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Markets

US stocks have stumbled after a six-day rally took them to all-time highs, while the dollar fluctuated with oil as investors assessed fresh US data.
Posted: May 26, 2017, 1:44 pm
Share prices on the JSE have continued to move sideways and major indices will close the week almost unchanged, as the firm rand hurts demand for rand hedge shares.
Posted: May 26, 2017, 12:45 pm
A slump in crude has weighed on energy shares as global equity markets headed for a lower finish to the week. The British pound slid.
Posted: May 26, 2017, 11:59 am
Oil has held its biggest loss in three weeks as OPEC’s move to prolong supply cuts for nine months disappointed investors hoping for more.
Posted: May 26, 2017, 9:25 am
A slump in crude has weighed on energy shares as global equity markets headed for a lower finish to the week. The British pound slid.
Posted: May 26, 2017, 9:17 am
After a year of watching political shocks stir markets, investors are anticipating that Britain’s election will pass peacefully, leaving intact a five-week rally in UK stocks.
Posted: May 26, 2017, 7:34 am
The pound has dropped after a poll showed the Conservative party’s lead narrowed.
Posted: May 26, 2017, 7:09 am
OPEC may be celebrating an historic deal to extend supply cuts, but after the party, the organisation will face a trio of questions it left unanswered.
Posted: May 26, 2017, 5:32 am
On the JSE, most of the blue chip stocks were trading in the red, led by rand hedge stocks which continued to slide due to the firmer rand.
Posted: May 25, 2017, 4:18 pm
US stocks have risen to fresh records amid optimism the Federal Reserve won’t move too swiftly to tighten monetary policy as the rate of economic growth falters.
Posted: May 25, 2017, 1:41 pm
Resources shares have been the big losers on the JSE as the rand extended gains to near a two-month high and the dollar stumbled on indications that the US will delay rate hikes.
Posted: May 25, 2017, 11:15 am
Societe Generale, Credit Agricole and Citigroup are betting on a resurgence in the rand, which has lost 4% of its value since President Jacob Zuma sparked a crisis with a Cabinet reshuffle.
Posted: May 25, 2017, 8:04 am
Oil has climbed to a five-week high, nearing $52 a barrel before OPEC ministers meet in Vienna to decide on extending supply cuts.
Posted: May 25, 2017, 7:13 am
The dollar has weakened to the lowest since November while stocks jumped, led by a rally in Chinese financial stocks.
Posted: May 25, 2017, 6:57 am
Financials have been buoyed by CPI data and traded in positive territory for most of the day, aided by the strengthening of the rand against a basket of major currency pairs.
Posted: May 24, 2017, 4:10 pm
Overberg Asset Management share analyst Kirk Swart looks at US shares and how they might possibly react during dollar weakness.
Posted: May 24, 2017, 3:48 pm
Oil has held near the highest price in more than a month as industry data showed US crude stockpiles declined before OPEC meets to decide on extending supply curbs.
Posted: May 24, 2017, 1:11 pm
The rand has traded at the highest level in four weeks, which together with news of Moody's downgrade of China's credit ratings put a damper on share prices on the JSE.
Posted: May 24, 2017, 12:20 pm
European equities have turned mixed, despite broad gains across most of Asia, as dealers waited on minutes from Federal Reserve's most recent policy meeting.
Posted: May 24, 2017, 11:32 am
European stocks have struggled to maintain gains and US equity futures and the dollar both traded sideways as investors awaited fresh insight from the Fed.
Posted: May 24, 2017, 11:11 am

Related posts