Tag: South Africa
After the Ukraine Crisis, China Reaches out To Its Neighbors
The Ukraine issue is straining China's ties with the US and the rest of the West; hence, Beijing has turned its attention to mending...
The Rand of South Africa Weakening as The Dollar Strengthens
The rand fell off a five-month high versus the dollar early Monday as the greenback rallied; China's reimposition of a lockdown impacted risk-taking in...
Banxso Launches in South Africa, Fully Regulated by FSCA
Banxso.com, a new South African exchange, is scheduled to launch on 1 April 2022. The FSCA in South Africa will fully regulate the exchange....
WHO announces first tech recipients of mRNA vaccine hub
WHO announced the first six countries that will receive the technology to produce mRNA vaccines.
Today, at the EU - African Union summit in Brussels,...
World’s Top Oil Consumer and Oil Prices
Oil prices rose on December 16 as U.S. implied consumer petroleum demand jumped to a record in the U.S. The demand for oil in...
China is Not Willing to Abandon its Covid-19 Policy
It is getting harder and harder to maintain its zero-Covid policy, but the People's Republic of China is not willing to change its position...
How European Stocks Reacted to Covid’s New Variant
European stocks rose on Wednesday, with investors analyzing the latest information around the omicron Covid variant.
The pan-European Stoxx 600 gained 0.2% by early afternoon,...
Commodity prices raised as Omicron turned out to be moderate
On Tuesday, riskier currencies picked up while the dollar index remained steady as traders speculated that the new Omicron strain of coronavirus would not...
European stocks dip
European stocks fell on Thursday, following a drop on Wall Street late the previous session, as the new Omicron coronavirus variant fueled market volatility.
The...
Aussie and rand weakened as Omicron spooked investors
On Thursday, the safe-haven yen floated near a six-week high. At the same time, riskier currencies, including the rand, weakened as the new Omicron...
Forex markets stabilize as Omicron panic subsides
The foreign-exchange market managed to stabilize after the volatility on Friday. It resulted from signs that the new Omicron variant causes only mild symptoms...
Travel Stocks declined because of the Covid’s New Variant
Travel stocks declined on Monday. In Japan, shares of Japan Airlines dropped 3.98% while ANA Holdings fell 4.09%. Shares of other airlines also suffered...
South African currency fell concerning new Covid mutations
On Friday, the South African rand dropped sharply against the dollar. It happened after detecting a new variant with many mutations in the country.
Moreover,...
A New Covid Variant Affected Stocks in Asia
There is no lack of factors that have the potential to affect stocks. Stocks in Asia-Pacific declined on Friday, as fears of a new...
Market Charts and Analysis November 25, 2021
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today.
USDNOK
Norway’s Unemployment Rate for...