South African Markets — Factors to watch on September 18
JOHANNESBURG, Sept 18 (Reuters) — The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Friday. Economic Events South African inflation-linked bond auction Global Markets Asian stocks rose and the dollar held its ground on Friday as investors contended with global policymakers ramping up efforts to rein in inflation, with the Bank of Japan joining the fray in delivering a widely expected rate hike that left the yen softer. MKTS/GLOB Wall Street Wall Street bounced back on Thursday as easing oil prices, dropping US Treasury yields and solid labor data helped markets move beyond the Federal Reserve's first interest rate hike in more than three years..N Gold Gold inched higher on Friday as lower oil prices and a subdued US dollar offered support, while market participants kept their focus on developments in the Middle East and the outlook for global monetary policy. GOL/ Some of the main stories out in the South African press: Business Day - Cash is still king in SA, and consumers pay dearly for it - 16 years' work: Treasury starts again as court undoes procurement act News24 - Retired soldiers fear losing
JOHANNESBURG, Sept 18 (Reuters) — The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Friday. Economic Events South African inflation-linked bond auction Global Markets Asian stocks rose and the dollar held its ground on Friday as investors contended with global policymakers ramping up efforts to rein in inflation, with the Bank of Japan joining the fray in delivering a widely expected rate hike that left the yen softer.
N Gold Gold inched higher on Friday as lower oil prices and a subdued US dollar offered support, while market participants kept their focus on developments in the Middle East and the outlook for global monetary policy. com)