Day: 17 August 2023

Top 3 Headlines Dominating South Africa’s News Landscape – 18/06/2023

Top 3 Headlines Dominating South Africa’s News Landscape – 18/06/2023

South Africa is a nation that never sleeps, and its news landscape is no exception. Today, we delve into the…

2023-06-19

Natural Gas Futures Indicate Potential Short-term Rebound

Open Interest and Trading Volume Decrease: Preliminary readings from CME Group have revealed that the open interest in natural gas…

2023-08-17

EUR/USD Falters Below 1.0870 Amid Strong USD

Persistent Selling Pressure on EUR/USD Pair: The EUR/USD currency pair remains under significant selling pressure, extending its negative trend for…

2023-08-17

GBP/USD Under Pressure Amid Surging USD

GBP/USD Downtrend Amid Strong USD: The GBP/USD currency pair is experiencing a downward trend, extending its pullback from a multi-day…

2023-08-17

Investors Monitor as Gold Price Faces Downward Pressure

Gold Price Declines Amid Strong US Dollar and Yields: The Gold Price (XAU/USD) has reached a fresh five-month low, currently…

2023-08-17

Crude Oil Futures Steady: What’s the Impact on South Africa?

According to CME Group's latest data, traders reduced their open interest positions in crude oil futures for the second consecutive…

2023-08-17

USD Index Peaks Near 103.60

The USD Index (DXY), tracking the US dollar's performance against a basket of major currencies, is continuing its bullish trend,…

2023-08-17

EUR/GBP Drops to Monthly Low at 0.8540 Amid UK’s Falling Inflation

The EUR/GBP currency pair is trading near its monthly low of 0.8540, influenced by the UK's better-than-expected inflation figures, which…

2023-08-17

South African Auto Sales Rev Up: Strong Growth in June 2023

Motor trade sales in South Africa rose 4.8% YoY in June 2023, driven by new vehicle and accessory sales. Seasonally…

2023-08-17

South Africa Wholesale Sales Drop: Q2 Growth in Machinery

Wholesale trade sales in South Africa declined by 3.3% in June 2023 compared to the same month in 2022. Notable…

2023-08-17

Debt Summons Rise: South African Judgements Shift in 2023

June 2023: South Africa witnesses 0.9% increase in civil summonses for debt compared to last year, but a 2.0% drop…

2023-08-17