USD JPY above 150, but don’t expect a repeat of last...
A strengthening US dollar pushed the USDJPY to 150.77 early Thursday. Except for just over 20 hours on 21 October, the pair hasn't traded...
Major infrastructure and development boom on the KZN South Coast bodes...
In the past few years, the KZN North Coast has seen massive growth with the region fast becoming in demand for those seeking a...
Car repossessions on the rise in difficult economy: consumers under financial...
After an influx of complaints about the repossession of vehicles by banks when people fall behind with their vehicle finance repayments, the Ombudsman for...
The dollar’s shallow correction may be over
After starting the week in retreat, the US dollar reversed sharply higher in the European session on Tuesday and is on the offensive on...
Inflation surprise doesn’t help the Aussie
Australian inflation surprised on the upside, reigniting expectations of another rate hike as early as November. However, the Aussie could not enjoy the buying...
Gold rally runs out of steam
Gold is experiencing profit-taking after an impressive rally following the escalation in the Middle East.
The cost of a troy ounce of gold was down...
New Big Oil play may have just started
The US “Big Oil” has picked up recently, with both production growth and mergers and acquisitions.
At the end of last week, the number of...
Saudi EXIM Bank and Trafigura Sign Credit Facility Agreement
Riyadh, Saudi Arabia — The Saudi Export-Import (Saudi EXIM) Bank has signed an agreement with Trafigura, a market leader in the global commodities industry,...
Euro dampened by weak PMI data
Economic activity in Europe is cooling, raising the spectre of an emerging recession in Germany and the whole eurozone.
The PMI indices have proven to...
Equity sell-off could intensify
Markets had a heavy end to last week and continued to give up ground at the start of this week. The MSCI All-World Global...
Gold rises against the tide, but energy is running out
Gold is trading at nearly $1950 an ounce, having surged since the end of July after hitting $1810 just under two weeks ago on...
US home sales have fallen into a severe crisis zone
Sales in the secondary housing market in the US have fallen to an annualised pace of 3.96 million. At the peak of the downturn,...
