Market Watcher: What a day!

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PSG’s Schalk Louw discusses the day’s market moves, ECB interest rates reaching new highs, the oil price, precious metals shining, and China finally coming to the party.
14 Sep 2023 1PM English South Africa Business · News

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Markets: R18bn traded on a slow day

Nick Kunze of Sanlam Private Wealth said R18 billion was traded in local markets on a relatively quiet day, with Brent crude rising to about $109, the Nasdaq Composite hitting record highs, and the rand steady at around R16.40. He added that the US Fed is expected to keep interest…
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