President Trump dialled down his trade war antagonism by pushing for less tariffs with Europe. This saw investors focus on other data points, which provided support for risk assets like the Rand. Last week we had a positive BRICs summit, the ECB held interest rates steady, US advance...
The JSE was one of the few markets that ended last week lower. The Rand strengthened on the back of China being more passive in the “Trade War”. Commodity prices also pulled back last week causing the resources sector to impact the market performance. We’ve given up all the...
After a wild two weeks, the Top40 is quickly approaching a key resistance level as the US dollar softens. This is on the back of US Jobs data that signals the Fed will hike gradually. And “Trade War” fears that have subsided. This risk on sentiment has seen...
The JSE finished the month and quarter with a very strong rally of 3.3% on Friday, never the less, that rally was not enough to close the All Share Index in the black for the year-to-date. Financials, Small and Mid-cap shares are down while the resources are up 11.2%...