News & Analytic Centre

Headwinds Hit TrumpFueled Rally in US Stocks

Postelection rally in stocks is fading Rising yields challenge stock market stability Policy uncertainty affects pharmaceutical and defense stocks Optimism persists due to strong earnings and growth NEW YORK, Nov 18 Reuters A U.S. stock rally fueled by Donald Trumps election victory is stumbling, as investors contend with everything from renewed inflation worries to uncertainty over the […]
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Gold Prices Climb nearly 1 as Dollar Rally Eases

At least seven Fed officials due to speak this week Expect lessdovish rhetoric from US policymakers, analyst says Solid US retail sales in October underscore economy39;s resilience Nov 18 Reuters Gold prices rose nearly 1 on Monday after last week39;s sharp decline, as a rally in the dollar paused, while market players awaited comments from […]
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South African Rand Firms on SP Outlook Upgrade

JOHANNESBURG, Nov 18 Reuters South Africa39;s rand gained on Monday, as markets welcomed rating agency SP39;s decision to raise the country39;s credit rating outlook. At 0747 GMT, the rand traded at 18.12 against the dollar , 0.52 stronger than its previous close. SP revised South Africa39;s outlook to positive from stable on Friday, citing plans for accelerated […]
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