South African Markets - Factors to watch on Sept 9
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Scheduled economic events on Sept 9 include Treasury bill auction, offshore trading in bonds and equities, Sun International half-year earnings, Avi annual results, and Land Bank briefing on default agreement; South African rand slipped on Sept 6 after U.S. data indicated no major Fed rate cut; benchmark government bond reached almost three-year high; Asian share markets declined on Sept 9 due to U.S. economic downturn concerns; U.S. stocks fell on Sept 6 amid labor market slowdown; gold prices remained flat as investors awaited U.S. inflation data; notable South African news includes Transnet's 11 bln rand tender accounting hurdle and JSE's main board split approval.

#SouthAfrica #Economy #Markets #FederalReserve #Rand #Bonds #Gold #Inflation #Transnet #Jse

https://www.cnbcafrica.com/2024/south-african-markets-factors-to-watch-on-sept-9/ 

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