Market Watcher: Peace may hold yet

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Gary Booysen of Rand Swiss reviews progress in the US-Iran peace settlement and its impact on oil prices, now around $77 a barrel. He also looks at firmer gold prices, positive JSE performance, and mixed global market signals amid US and Asian closures on Friday. He discusses muted FTSE reactions to UK political developments including reports surrounding Prime Minister Keir Starmer’s resignation, and the potential for a stronger week ahead for the rand.
22 Jun 1PM English South Africa Business · News

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Market Watcher: Oil prices return to 16-week lows

David Shapiro of Otto1890 discusses weaker gold and oil prices, with crude falling below $75 a barrel for the first time in 16 weeks. He says lower oil prices should support consumers and consumer stocks on the JSE, and expects the SA Reserve Bank to keep interest rates unchanged.
24 Jun 1PM 7 min