Bourse Africa

21/09/2015

The Euro fell from a three-week high of $1.1459 to settle at $1.1298 during Friday’s trading session while the US dollar managed to recover most of its losses after the Fed maintained interest rates unchanged during Thursday’s meeting.

01/09/2015

01/09/2015

Crude oil futures soared on Monday for a third consecutive day, rising more than 8 percent, as a downward revision of U.S. crude production data and OPEC's readiness to talk with other producers helped extend the biggest three-day price surge in 25 years.

01/09/2015

Gold prices were firm on Monday as equities faltered on mounting expectations that the U.S. Federal Reserve will likely go ahead with an interest rate increase this month. Fischer's comment sent Wall Street lower on Monday. Gold futures closed at $1132.5 a troy ounce, marginally down by 0.13 percent, in New York.

01/09/2015

The dollar lost ground against the low-yielding euro on Monday as global stock markets began the week in the red, prompting investors to trim bets against currencies popularly used to fund risky carry trades. Fed Vice Chairman Stanley Fischer stated in a speech on Saturday that U.S. inflation was likely to rebound as pressure from the dollar fades, allowing the Fed to raise rates gradually.

28/08/2015

Crude oil jumped more than 10 percent higher on Thursday, posting its biggest one-day rally in over six years as recovering equity markets and news of diminished crude supplies set off a short-covering scramble by bearish traders.

28/08/2015

The British pound was down ~0.4 percent against the dollar
to close at $1.5403 on the back of buoyant U.S. data. Upbeat
GDP and unemployment data boosted the dollar, which was
up 0.5 percent against a currency basket at 95.589.

28/08/2015

The dollar rose for a third consecutive session on Thursday, bolstered by data showing a much stronger U.S. economy than had been thought and by gains in global equities, which benefited from improving risk sentiment.
U.S. data showing falling jobless claims and a faster growth rate than had initially been estimated underpinned the dollar.

21/08/2015

WTI crude oil continued on its downtrend towards an eighth
straight weekly decline, the longest weekly losing streak since 1986.

21/08/2015

In commodities, spot gold gained 0.7 percent to settle at $1,153.50 an ounce after having tested the $1,155 level previously during the session. Gold price was supported by a weak dollar as well as by China's unexpected devaluation of its Yuan a few days ago.