China PPI soured the mood this morning, despite the US making new highs last night after Powell’s comments reassured investors.
SA business confidence marginally lower in March, but well above pre-COVID average.
CurrenciesThe rand consolidates in thin trade.Commodities Benchmark crude oil contracts are little changed.EquitiesThe JSE and Europe end firmer, with the STOXX Europe 600 closing at record [...]
Asian stocks have not followed their US counterparts higher as talks about China curtailing loan growth see risk-off sentiment.
CurrenciesFX markets likely to remain cautious going into the long weekend.Commodities Benchmark crude oil prices traded above $59 a barrel.EquitiesBiden’s infrastructure plan has provided some support [...]
Gold retreated back below $1,700 per ounce; Oil rose above $60 a barrel.