The JSE all share gained 0.89%, boosted by banks
One analyst says the rand’s appreciation is not solely linked to dollar weakness, and it has strengthened on its own merits
Investors mull the effect of hurricane damage on US demand against any broad supply disruption if Israel attacks Iranian oil sites
Metal climbs as traders awaited US producer price index report for further direction
Valuations of the Magnificent Seven are more idiosyncratic than the average company
While US inflation eased to 2.4% in September, core inflation — excluding food and energy — unexpectedly rose to 3.3%
SA misses gold price bonanza as sales plunge more that 80%
Increase in fuel demand as Hurricane Milton barrells into Florida and concern about disruptions in the Middle East provide support
Business Day TV speaks to Faheema Adia from Momentum Securities and David Shapiro from Sasfin Securities
Investors awaiting details on fiscal stimulus due from finance ministry on Saturday
Local bourse steady, with global markets mixed, as investors assess Fed minutes and await US CPI numbers
Meanwhile, the dollar is near a two-month high before the release of a US inflation report
Traders are wait for key US inflation data due later in the day to gauge the Fed’s monetary policy stance
The minutes will provide insight on the central bank’s stance on inflation, the labour market and economic expansion
Metal lacks momentum ahead of release of minutes from the Federal Reserve’s latest policy meeting
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
Business Day TV speaks to Jarred Houston from All Weather Capital and Wayne McCurrie from FNB Wealth & Investments
Rand weakness appears to stem from a broader mix of factors including the anticipation of key FOMC minutes, one analyst says
Investors aren’t buying claims by authorities in Beijing that they will achieve full-year growth target