market trendlatest news & developments
The rand weakened to about R16.40 against the dollar as higher oil prices, weaker gold and expectations of further US interest-rate increases supported the US currency. The market moves could add pressure to fuel prices, borrowing costs and household budgets.
RAND

Rand weakens as oil prices rise and rate-hike fears support dollar

The rand weakened to about R16.40 against the dollar as higher oil prices, weaker gold and expectations of further US interest-rate increases supported the US currency. The…

  • Ashley Lechman
4 min read
A hawkish US Federal Reserve, widening South African current-account deficit and dependence on foreign capital could leave the rand vulnerable despite its attractive carry.
MARKET ANALYSIS

The hawk circling the rand

A hawkish US Federal Reserve, widening South African current-account deficit and dependence on foreign capital could leave the rand vulnerable despite its attractive carry.

  • Bianca Botes
7 min read
Brent crude opened the week above $108 a barrel, while the rand weakened against major currencies as investors awaited US and South African interest-rate decisions. Analysts warned that sustained high oil prices could add to inflationary pressure.
OIL

Oil prices climb to four-month high as rand gives back recent gains

Oil prices are rising as South Africa’s economy contracts. Could inflation force the Reserve Bank to raise rates?

  • Ashley Lechman
3 min read
Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions, with possible consequences for South African fuel prices.
CRUDE

Brent crude rises above $105 as Middle East shipping attacks intensify

Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions.

  • Ashley Lechman
4 min read
As Brent crude prices rise amidst geopolitical tensions, how will local currencies and commodities respond to the shifting economic landscape? Read on to find out more about market trends and what traders can expect in the coming week.
OIL PRICE

Oil gains while gold falls after strong US jobs data

Brent crude rose above $96 a barrel as US-Iran tensions raised supply concerns, while gold fell after stronger US jobs data reinforced expectations of higher US interest rates.

  • Ashley Lechman
3 min read
Oil prices remain elevated after renewed US-Iran hostilities, while the rand steadies and bond yields rise as investors await key US and European economic data.
MARKET ANALYSIS

Brent Crude oil prices remain elevated, putting October fuel prices in focus

Oil prices remain elevated after renewed US-Iran hostilities, while the rand steadies and bond yields rise as investors await key US and European economic data.

  • Ashley Lechman
4 min read
As global markets reel from the ramifications of geopolitical instability, investors must navigate a landscape of uncertainty. The surge in emerging markets and the volatility in oil and gold serve as critical reminders of the interconnectedness of global economies and highlight why now, more than ever, a shift in investment perspectives is necessary.
GLOBAL MARKETS

Global markets fall as US-Iran strikes fuel oil and inflation fears

As global markets reel from the ramifications of geopolitical instability, investors must navigate a landscape of uncertainty. The surge in emerging markets and the volatility in…

  • Ashley Lechman
3 min read
With Wall Street reacting strongly to Fed comments on inflation and interest rates, how will global markets fare? Discover the latest financial developments that are reshaping the investment landscape.
MARKET

Wall Street reacts to hawkish Fed comments, markets brace for potential rate hikes

With Wall Street reacting strongly to Fed comments on inflation and interest rates, how will global markets fare? Discover the latest financial developments that are reshaping…

  • Ashley Lechman
2 min read
South African markets ended August on a firmer footing, with the JSE, rand and resource shares advancing. However, rising oil prices and the prospect of higher fuel costs could still weigh on inflation and investor sentiment in September.
MARKETS

Financial markets improved strongly during August

South African markets ended August on a firmer footing, with the JSE, rand and resource shares advancing. However, rising oil prices and the prospect of higher fuel costs could…

  • Chris Harmse
3 min read
As global markets navigate a turbulent week, the shift away from technology stocks raises questions about the future direction of investments. Discover the impact on South Africa and key economic indicators that could shape market sentiment.
MARKET ANALYSIS

Global markets react to shifts in technology stocks amid economic indicators

As global markets navigate a turbulent week, the shift away from technology stocks raises questions about the future direction of investments. Discover the impact on South Africa…

  • Ashley Lechman
2 min read
Global markets are rebounding after a tech sell-off, with Wall Street showing stability. Discover how the Fed's latest minutes are impacting investments, alongside updates from Asia and Europe.
RAND

Global markets rebound: Fed signals patience while the rand shows strength

Global markets are rebounding after a tech sell-off, with Wall Street showing stability. Discover how the Fed's latest minutes are impacting investments, alongside updates from…

  • Ashley Lechman
2 min read