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38 days ago
Dollar cheered by retail sales data
Dollar cheered by retail sales data
Currencies

The dollar rallied on Monday after US retail sales data bolstered expectations that the Federal Reserve will hike interest rates this year.

41 days ago
Oil tumbles in Asian trade
Oil tumbles in Asian trade

Oil prices declined in Asia on Friday, bucking an equities rally amid fresh concerns over weak demand.

42 days ago
Oil bounces back in Asian trade
Oil bounces back in Asian trade

Oil prices rebounded in Asia on Thursday thanks to a weak dollar and bargain-hunting.

43 days ago
Oil glut ‘a major dampener on prices’
Oil glut ‘a major dampener on prices’

Good consumption in India and China is fuelling oil demand, but the International Energy Agency is concerned about the global glut.

43 days ago
Rand pulls back amid growth worries
Rand pulls back amid growth worries
Currencies

South Africa’s rand retreats from 10-week highs against the dollar on Wednesday as growth concerns resurface.

43 days ago
Oil dips in Asian trade
Oil dips in Asian trade

Fresh concerns about a global supply glut weighed on oil prices in Asian trade on Wednesday.

43 days ago
White maize shipment from Mexico lands in SA
White maize shipment from Mexico lands in SA

SA has received its largest shipment of white maize for the season so far from Mexico, according to agricultural economist Wandile Sihlobo.

43 days ago
Dollar takes breather, pound steadies
Dollar takes breather, pound steadies
Currencies

The dollar eased slightly against the yen on Wednesday.

43 days ago
Rand rallies to two-month high
Rand rallies to two-month high
Currencies

Surprise jump in South Africa’s manufacturing activity lifts the volatile rand to a two-month high.

44 days ago
Iron ore seen sinking back below $50
Iron ore seen sinking back below $50

Iron ore will probably decline this quarter on strong volumes from Australia and Brazil and weak downstream demand.

44 days ago
Citigroup backs commodities in bullish call
Citigroup backs commodities in bullish call

Citigroup says that while the bear market in oil is now over, a bull market hasn’t yet begun.

44 days ago
Chocolate makers saved by currency
Chocolate makers saved by currency
Currencies

Cocoa prices may have climbed to a 39-year high, but for once chocolate makers have been spared.

45 days ago
Rand stable in early trade
Rand stable in early trade
Currencies

South Africa’s rand holds its ground against the dollar on Monday morning.

45 days ago
R17 per dollar? Analyst sees gloomy times
R17 per dollar? Analyst sees gloomy times
Currencies

SA’s rand has little chance of strengthening in the next year due to the government’s populist policies, warns financial analyst.

48 days ago
Oil bounces back in Asian trade
Oil bounces back in Asian trade

Oil rebounds in Asia on Friday after tanking nearly five percent on Thursday on renewed supply concerns.