South African Markets – Factors to watch on March 17

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Most Read South African Markets – Factors to watch on March 17 JOHANNESBURG, March 17 (Reuters) – The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Wednesday.ECONOMIC EVENTS Libstar results SOUTH AFRICAN MARKETS The South African rand firmed on Tuesday as the currency continued to take…

Most Read South African Markets – Factors to watch on March 17 JOHANNESBURG, March 17 (Reuters) – The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Wednesday.ECONOMIC EVENTS Libstar results SOUTH AFRICAN MARKETS The South African rand firmed on Tuesday as the currency continued to take its cue from swings in global markets ahead of a U.S.Federal Reserve meeting.GLOBAL MARKETS Asian stocks fell on Wednesday, tracking Wall Street, as investors waited to see if the U.S.Federal Reserve will signal a faster path toward policy normalisation than previously expected.

WALL STREET The S&P 500 ended lower on Tuesday, weighed down by energy and industrial stocks as investors awaited the result of the Federal Reserve’s two-day policy meeting.

GOLD Gold prices edged up on Wednesday to hover near their highest in more than two weeks on prospects of higher inflation, although trade was range-bound as investors exercised caution ahead of the Federal Reserve’s policy meeting outcome.EMERGING MARKETS For the top emerging markets news, double click on – – – – Some of the main stories out in the South African press: BUSINESS DAY – Busisiwe Mkhwebane: first round goes to Ramaphosa – Sizzling metal prices mask threat of Eskom tariff hikes FIN 24 – Absa is reinventing itself to claim rightful place in Africa, CEO says (Compiled by Alexander Winning) 2021-03-17 07:32:45
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