Oil traded nears $46 a barrel as Nigeria’s oil minister signals the prospect of production cuts from OPEC was unlikely.
Gold rallies as falling equities lift demand for a haven and the outlook for supportive monetary easing makes non-yielding assets more attractive.
SA’s rand buoyed by continued investor appetite for high-yielding assets.
Asian shares rose to one-year highs on Tuesday, supported by a jump in oil prices.
The dollar was caught in a narrow range on Tuesday ahead of US data due later in the session.
All three major US stock indexes ended at all-time highs on Monday, extending their record-setting climb of the past few weeks.
World shares set up camp at one-year peaks as a rally in Chinese stocks help offset news that Japan's economic growth ground to a halt.
OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month.
The dollar was on the defensive on Monday, pressured by downbeat US data.
A rally in Chinese stocks on Monday helped offset news that Japan's economic growth had ground to a halt last quarter.
Traders said the rand could get support from investors seeking higher yields in emerging markets this week.
The weak economy persuaded SA’s Reserve Bank to pause a cycle of hikes that it is ready to resume if price pressures pick up.
SA’s rand holds firm against the dollar as investors search for better returns in high-yielding emerging markets.
SA’s rand was stable against the dollar on Friday morning ahead of global economic data due later in the session.
The dollar held firm on Friday, supported by comments from a Federal Reserve speaker that suggested a US interest rate increase ...