US markets snapped a six-session winning streak and Asian markets were lower, as sentiment cools a little, weighing on the rand
The rand was slightly softer against major global currencies on Wednesday morning, as global markets took a breather after recent gains.
Markets may be overly optimistic regarding interest rate cuts from the Fed, said Oanda analyst Craig Erlam, and much will hinge on the outcome of the meeting between US President Donald Trump and Chinese President Xi Jinping later in June.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tencent’s fall could keep the JSE in check on WednesdayLocal bourse could follow Asian stocks lower as US-China trade tensions continue
Read more »
SuperSport rejects Sundowns' multi-million rand bid for Mokoena and ModibaSuperSport United have sensationally rejected Mamelodi Sundowns' multi-million rand offer for the signatures of emerging midfielders Teboho Mokoena and Aubrey Modiba.
Read more »
SuperSport rejects Sundowns' multi-million rand bid for Mokoena and ModibaSuperSport United have sensationally rejected Mamelodi Sundowns' multi-million rand offer for the signatures of emerging midfielders Teboho Mokoena and Aubrey Modiba.
Read more »
Newsdeck: U.S. Senate intelligence panel to interview Donald Trump Jr. on Wednesday -sourceWASHINGTON, June 11 (Reuters) - Donald Trump Jr., the eldest son of U.S. President Donald Trump, will be interviewed on Wednesday by the Senate Intelligence Committee, a congressional source said on Tuesday.
Read more »
WATCH | 'We need help' - Pupil's plea to parents at Daniel Bakwela memorial serviceParents who criticised Forest High School in Turffontein, south of Johannesburg, in the wake of pupil Daniel Bakwela's killing were called to account by a student leader at his memorial service on Tuesday.
Read more »