Sneaky Exchange

  Market Scorecard It was another day where our market did the opposite of global markets. For a change though the JSE All-share was higher and global markets lower. The main focus at the moment is the storm brewing between the US and the EU, particularly the UK. Then there is also Fed chair, Jay … Continue reading Sneaky Exchange

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Interesting Rates

  Market Scorecard Yesterday wasn't a great day for global markets. Locally, the gold miners were the only sector that shone. Gold has been on a bit of a trot lately, and broke above the $1 400 an ounce level yesterday. Back from the dead! Bloomberg says that this is the highest level in six … Continue reading Interesting Rates

Green Cred

  Market Scorecard Wow, technology stocks got a 'snot klap' yesterday. Markets caught wind of increased scrutiny from antitrust regulators and the big tech names came tumbling down. Facebook was down 7.5%, Alphabet (Google) was down 6.1%, Amazon was down 4.6%, Microsoft was down 3.1% and Apple was down 1%. US politicians are taking aim … Continue reading Green Cred

Quit the Split

  Market Scorecard Yesterday Stats SA released our latest labour statistics. As expected the numbers deteriorated. South Africa desperately needs economic growth to solve many ills that the country has. A political analyst was on the radio before the elections saying that we don't need economic growth but we need to move to a more … Continue reading Quit the Split

S3XY Back

  Market Scorecard Yesterday was a very lacklustre day for global markets. South African and US markets both moved sideways, bobbing between red and green. Even news that Xi and Trump won't be meeting in March, as originally planned but in April instead, didn't move markets. As expected, the UK parliament voted to extend the … Continue reading S3XY Back