Gold heads for its first daily gain in more than a week as traders wait for a speech by Federal Reserve Chair Janet Yellen.
Emerging equities are set for their first weekly loss in seven ahead of a key speech by US Fed chair Janet Yellen.
SA’s rand is on track for its biggest weekly drop since Nhlanhla Nene was axed in December last year.
South Africa’s wheat crop is set to climb 17 percent this year, as rains have eased drought conditions in the Western Cape.
Jacob Zuma and Cyril Ramaphosa expressed confidence in Pravin Gordhan - but their pledges did little to inspire the markets.
Asian stocks were steady on Friday, with modest losses in some markets.
American stocks were modestly lower on Thursday, weighed down by a drop in health-care and consumer names.
South Africa’s rand has been weighed down by lingering uncertainty over whether Pravin Gordhan faces arrest.
Bonds and the rand rally after President Jacob Zuma says he has “full confidence” in finance minister Pravin Gordhan.
The rand stays under pressure after hefty losses caused by an apparent power struggle between the South African presidency and treasury.
SA bonds and the rand are paying the price for investor anxiety over Finance Minister Pravin Gordhan’s job security.
The rand slumped and stocks tumbled as the stand-off between Finance Minister Pravin Gordhan and the Hawks intensified.
The dollar bobbed higher in Asia on Thursday, but major currencies continued to tread water.
Asian stocks edged higher on Thursday, but clung to recent well-worn trading ranges while the greenback held firm against regional currencies.
American stocks were pulled lower on Wednesday by weakness in the materials and health-care sectors.