Apologies, It seems that we couldn't find any results for ""
Try these search tips:
Please select which division you would like to log in to.
Please select which division you would like to register for.
The JSE ended Monday slightly firmer, with investor attention fixed on the White House this week. The JSE closed up 0.15%.
The US and China are expected to sign the phase-one trade deal on Wednesday. This step should boost global risk sentiment and support not only stock markets but emerging-market assets. At 20h00 the Nasdaq was trading up by 0.81%.
European shares were largely unchanged on Monday as a weakness in automobile stocks countered a boost from the expected signing of an interim US-China trade deal expected this week. The benchmark European STOXX 600 index closed down 0.07%.
Hong Kong stocks closed high on Monday as optimism ahead of the signing of the phase 1 trade deal between the United States and China this week buoyed sentiment. The Hang Seng index rose 1.11%.
Japan’s Nikkei was closed for a holiday on Monday.
The rand weakened steadily throughout Monday, as local factors such as the country’s poor economic outlook and problems at state power utility Eskom pushed it to its third consecutive day of losses. At 17h30, the rand had weakened 0.82% to R14.45/$.
Gold prices fell 1% on Monday as optimism in equity markets ahead of the signing of an interim US-China trade deal and lack of further escalation in Middle East tensions diminished bullion’s safe-haven appeal.
Oil prices rose slightly on Monday as investors shifted their focus away from easing Mideast tensions to this week's scheduled signing of an initial US-China trade deal which could boost economic growth and demand. A barrel of Brent crude traded at $65.14 at 20h00.
Source: Reuters, Business Day, Trading Economics
Chief Investment Officer