Local Markets
|
ALSI
|
Industrial
|
Industrial 25
|
Financial
|
Gold
|
|
|
|
|
|
Dow Jones
|
Nasdaq
|
Nikkei
|
FTSE 100
|
CAC 40
|
DAXX
|
|
|
|
|
|
Markets
|
South African stocks closed in negative territory today, tracking softer markets in the US and Europe
|
|
Oil fell below $82 a barrel today, retreating from an eight-week high hit a day earlier as a spike in Chinese inflation had investors mulling prospects of monetary tightening in the heart of energy demand growth
|
|
The Rand continued to trade within a range this afternoon
|
|
US government debt prices fell slightly today, under pressure from the anticipation of new supply in the form of 30-year bonds, though weaker jobs data stemmed some losses
|
|
Copper slipped today as production and inflation data from China stoked concerns of monetary tightening from the world’s top metals consumer, to offset inventory falls
|
|
US stock index futures pointed to a lower open today as weekly US jobless claims fell and data showed a jump in Chinese inflation
|
|
Gold steadied in Europe today as the euro arrested its slide against the dollar, with bargain hunting and technical support helping the metal stabilise after the previous session’s 1,2% fall
|
|
STOCKS in Hong Kong and China were lower at midday today, spurred by concerns over monetary tightening after the latest economic data from China showed a pick-up in inflation. Bank of China fell in Hong Kong after it announced a fundraising plan.
|
 THE difficulty for individual investors trying to beat the professionals is twofold: firstly, they do not have the time, experience, resources or relationships; secondly, they’re risking their own money — which not only affects their judgment, but doesn’t allow them to draw a salary during the bad times.
|
|