ECONOMIC EVENTS January money supply
January budget data January trade figures Q4 unemployment rate
COMPANIES Sibanye Stillwater results
SOUTH AFRICAN MARKETS The South African rand regained some ground on Monday against a weaker U.S. dollar, after a stretch of losses that saw it end last week at its lowest level so far this year. GLOBAL MARKETS Asian shares nudged higher on Tuesday, tracking small gains on Wall Street, while the U.S. dollar paused after a sharp rally as month-end flows lift sentiment and investors adjust to expectations of more interest rate hikes. WALL STREET U.S. stocks eked out a slight gain on Monday as investors engaged in some bargain hunting after last week's losses, as jitters persisted about coming interest rate hikes to tame stubbornly high inflation. GOLD Gold prices eased on Tuesday and were headed for their biggest monthly loss since June 2021 as impending interest rate hikes by the U.S. Federal Reserve sapped the non-yielding asset's appeal. EMERGING MARKETS For the top emerging markets news, double click on - - - -
Some of the main stories out in the South African press:
BUSINESS DAY
- What De Ruyter knows about crime and corruption at Eskom
- Public service unions gear up for indefinite wage strike
(Compiled by Alexander Winning)
