Markets
Global Markets Shaken as Tech Sector Faces Historic Sell‑Off
AI Index plunges 15% in a single trading session, marking its steepest decline since its inception.
US gold futures top $4,000 as record run powers ahead
Metal’s rally driven by expectations of rate cuts, ongoing political and economic uncertainty, solid central bank buying and a weak dollar
WATCH: Market Report
Business Day TV chats to Caroline Cremen from Adviceworx about the day’s market movers
WATCH: Market Report
Business Day TV spoke to Jason Horn from Steyn Capital Management
Gold takes a break from its record run
Metal falls as investors take profits after safe-haven asset breaches $4,000/oz level for first time
Oil slips as risk premium fades after Gaza ceasefire
Agreement between Israel and Hamas to first phase of a plan to end war eases geopolitical tension in the Middle East
MAMOKETE LIJANE: Dark history, but gold could play a role in bailing SA out of a difficult spot
At $4,000/oz it will support the fiscus, stabilise the economy and anchor asset prices in the months ahead
MARKET HIGHLIGHT: Brent crude on the rise again
The price of Brent crude futures reaches a one-week high on supply worries
BoE warns of ‘sharp correction’ risk if AI boom or Fed trust falters
Bank of England says US market valuations echo dotcom-era highs, with global spillover risks deemed ‘material’
STOCK HIGHLIGHT: Valterra off the leash
Shares in Valterra surged nearly 7% on Wednesday, continuing their stellar run since its demerger from Anglo American in June
WATCH: Stock Picks
Business Day TV speaks with Gary Booysen from Rand Swiss and Schalk Louw from PSG Wealth Old Oak
WATCH: What’s next for SA’s ETF market?
Business Day TV speaks with Niki Giles, head of strategy at Prescient, about how exchange traded funds have evolved and to explore some current trends
Gold crosses $4,000 milestone in boon for mining firms
A ‘fear of missing out’ is also boosting the rally, analysts say
Oil prices rise as Opec+ calms fear of oversupply
Some traders are holding long positions, or bets that prices will rise, on continued efforts to curb Russian crude flows