Johannesburg — South African markets are set for a session shaped by domestic bond-market activity, global risk sentiment, movements in oil and gold prices, and developments in the Middle East.
Economic Events
Foreign investors’ trading: Market participants will monitor foreign buying and selling of South African bonds and equities.
Treasury bill auction: South Africa’s National Treasury is scheduled to conduct a Treasury bill auction, providing a gauge of short-term funding conditions and investor demand.
Global Markets
Asian share markets edged higher on Monday as strong demand for artificial intelligence infrastructure supported chipmakers. Oil prices eased as reports suggested more crude was reaching global markets from the Middle East than previously expected, despite the continuing Gulf conflict.
Gold
Gold prices slipped as investors assessed developments in the Middle East and considered their potential implications for inflation and global interest-rate expectations.
South African Business Headlines
Business Day
- Cement dumping margins of up to 90% trigger tariff probe
- Transnet asks Treasury for R26 billion to refurbish rail network
Source: Reuters
Compiled: Nilutpal Timsina
Editing: Rashmi Aich
