Tag Archives: QE

Europe Factors to Watch-Shares set to dip after poor China data

PARIS, March 24 (Reuters) – European stocks were set for a mixed open on Tuesday after data showed Chinese factory activity unexpectedly skidded to an 11-month low, signalling weakness in the world’s second biggest economy. Investors also awaited PMI data for euro zone countries including Germany and France. The flash HSBC/Markit Purchasing Managers’ Index (PMI) dipped to 49.2 in March, […]

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Why Yesterday’s Gains Have Been Reversed on the JSE Today?

By Vivian Atud Johannesburg– Sunburst Africa–After recovering from a three day negative trade on Thursday, the JSE closed 0.84 percent in negative territory on Friday March 13th. The Thursday market rebound was mostly attributed to investors looking out for bargains following a three day market deep. Things changed on the JSE this afternoon as a continuous fall in oil prices […]

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The MPC to keeps Repo Rate Unchanged at 5.75 percent

By Vivian Atud We should expect the South African Reserve Bank to keep the repo rate unchanged – at 5.75% due to the lower trajectory of headline inflation and continued weak state of the economy. This was also the case at the previous MPC meeting. Let me start by introducing my readers to the objectives of monetary policy in South […]

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The JSE Closed in Positive Territory As ECB Announced Quantitative Easing Program

By Editor Sunburst Afrca Johannesburg—Sunburst Africa— After trading in positive territory for most of the day, the JSE All-Share Index closed 0.57 percent in positive territory following the announcement of the landmark Quantitative Easing (QE) program by the European Central Bank. Top winners of the day included Imperial up 4.2 percent, Mr. Price up 3.2 percent, Anglo up 2.8 percent, […]

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