Market
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Global stocks are near peak, equity futures mixed: markets wrap up
Global stocks on Friday sent the US equity index to an all-time high, following surprisingly strong US economic data. Yields…
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Absa closes money market fund
In a nondescript letter dated April 7, Absa knowledgeable traders in its Absa Money Market Fund (AMMF) that it’s closing…
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Stocks dip from record as dollar, yields edge up: markets wrap
Global shares retreated from a record excessive as merchants weighed rising value pressures in China in opposition to Federal Reserve…
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Rand hits 6-week best, stocks fall on sluggish manufacturing data
South Africa’s rand rallied to its finest stage in six-weeks on Thursday, shaking off sluggish manufacturing data as international demand…
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Fed signals readiness to wield power over short-term rates
Federal Reserve Chairman Jerome Powell stands prepared to pull a number of the central financial institution’s coverage levers in between…
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US, Europe stock futures rise after S&P 500 peak: markets wrap
Asian shares have been regular Thursday and US fairness futures gained after the S&P 500 notched up one other document…
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Stocks hover around record; dollar snaps slide: markets wrap
Global shares traded around all-time highs Wednesday as buyers weighed the financial rebound from the pandemic and stimulus help. The…
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Stocks pause near record; crude oil pares tumble: markets wrap
A rally in international shares paused near a document Tuesday as concern China is curbing mortgage development curbed optimism stoked…
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Europe’s world-beating equity rally thrives where others falter
The spike in bond yields this year might have spooked many international equity buyers, however followers of the traditionally underperforming…
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Is the punchbowl half full or half empty?
Former US Federal Reserve chair William McChesney Martin famously stated the job of the central financial institution is to remove…
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