South African Markets - Factors to watch on June 18
The following company announcements, scheduled economic
indicators, debt and currency market moves and political events
may affect South African markets on Monday.
PPC FY earnings.
Asian shares fell on Monday after U.S. President Donald
Trump cranked up trade tensions by going ahead with tariffs on
Chinese imports, prompting Beijing to immediately respond in
Wall Street stocks ended lower on Friday, capping a day of
heavy trading with investors mostly pulling back from initial
concerns over an escalating trade dispute between the United
States and China.
Gold prices inched higher on Monday after falling to a
5-1/2-month low in the previous session, as a trade dispute
between the world's two largest economies triggered safe-haven
buying, but a strong dollar put a cap on the upside.
For the top emerging markets news, double click on
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Some of the main stories out in the South African press:
- Gordhan intervenes: Economy "cannot afford load shedding."
(Compiled by Ed Stoddard)
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