South Africa's rand was a touch firmer against the dollar on Friday, propped up, as it has been for most of the week, by soft U.S. economic data that makes a June rate hike by the Federal Reserve less likely.
Equity markets worldwide
climbed to record highs on Friday as solid corporate earnings
and an all-time peak for the Nasdaq stock index stoked investor
optimism, while the dollar eased on gloomy U.S. economic data.
Gold hit its lowest
level in more than a month on Friday, falling for the third
straight week as strength in global equities diverted interest
from the precious metal, although uncertainty over the timing of
a U.S. rate rise kept prices in a tight range.
12h36 Vietnam's central bank will
acquire all shares in a small, loss-making bank in Hanoi, a unit
of Ocean Group Co, to ensure the banking system's
safety, the second move in less than two months as it seeks to
clean up the fragmented sector.
12h04 Togo began voting on Saturday in an election expected to give President Faure Gnassingbe a third term in power, facing a divided opposition and controversy over how results are tallied and announced.
2015 trading and investing workshops
Our 2015 course and workshop dates are now available. Do not miss out on this fantastic opportunity to learn and improve your trading and investing. There are 3 courses currently being offered:
1. Introduction... Read more
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Sharenet Securities are pleased to announce that their clients are now able to place stop-loss orders as well edit existing orders.
A stop-loss order is an order placed to sell a security when it reaches a certain price designed to limit... Read more
As of 1 January 2015, the JSE will be instituting an increase across all their services. Sharenet, as from the same date (1 January 2015) will similarly be initiating an increase. We have managed to keep the increase down to 6.9%... Read more
Globally, sustainable investment grew from US $13.3 trillion at the beginning of 2012 to $21.4 trillion at the start of 2014, and the fastest growing regions have been the United States, Canada and... Read more
Local research shows that IT enabled business projects under-deliver, with only between 20% and 35% of projects meeting business expectations! An estimated 21% of project costs in South Africa is... Read more