ECONOMIC EVENTS Inflation-linked bond auction Treasury bill auction Electricity minister briefs reporters on efforts to end power crisis
SOUTH AFRICAN MARKETS South African stocks fell on Thursday as worries about the banking sector rippled around the globe, while the rand gave up gains from earlier in the day which had come after the Federal Reserve had suggested it may stop hiking rates. GLOBAL MARKETS Asian stocks rose, the dollar eased and gold hovered near record highs on Friday, as investors worried that a rout in shares of U.S. regional lenders earlier this week could herald more trouble for the banking sector. WALL STREET Wall Street ended lower on Thursday as fears about the health of U.S. lenders and hit shares of regional banks as well as JPMorgan Chase , Wells Fargo & Co and other major financial players. GOLD Gold prices were flat on Friday but are set for their biggest weekly gain in nearly two months, as hopes of a pause in the U.S. Federal Reserve's interest rate hike cycle and banking worries in the country bolstered the safe-haven metal's appeal. EMERGING MARKETS For the top emerging markets news, double click on - - - -
Some of the main stories out in the South African press:
FIN 24 - Stage 9 and beyond protocols get ready to roll - ANC's claim that De Ruyter defamed it rests on shaky Medupi, Kusile contracts
(Compiled by Alexander Winning)
