Investing
S.Africa's 2018 growth to be "much lower" than initial forecasts: cbank
CAPE TOWN (Reuters) - South Africa's economic growth this year will be "much lower" than initial expectations, the central bank said in a presentation to parliament on Wednesday, calling any recovery "weak and choppy". Full Article
South Africa's VAT hike had muted inflation impact: cbank
CAPE TOWN (Reuters) - A one percentage point rise in South Africa's value-added tax (VAT) in April has had a more muted impact on inflation than expected, the governor of the central bank told a parliamentary committee on Wednesday. Full Article
Gold Fields' CEO says South Deep lay-offs "last-gasp measure"
JOHANNESBURG (Reuters) - Gold Fields' plan to potentially cut up to almost 1,600 jobs at its struggling South Deep mine in South Africa is a "last-gasp measure", Chief Executive Nick Holland said on Wednesday. Full Article
| Symbol | Last | Net Change |
|---|---|---|
| GOLD CON1 | JPY 4,235.00 | JPY -7.00 |
| SILVER CON1 | JPY 53.30 | JPY 0.00 |
| PLATINUM CON1 | JPY 2,800.00 | JPY -15.00 |
| PALLADIUM CON1 | JPY 3,194.00 | JPY -43.00 |
| Symbol | Last | Net Change |
|---|---|---|
| ICE Brent Crude c1 | USD 71.80 | USD -0.66 |
| GAS OIL APR8 | USD 648.00 | USD -6.75 |
| LIGHT CRUDE CON1 | USD 66.20 | USD -0.84 |
| NATURAL GAS CON1 | USD 2.95 | USD -0.01 |
| Symbol | Last | Net Change |
|---|---|---|
| COFFEE C CON1 | USC 104.90 | USC -0.15 |
| COCOA CON1 | USD 2,105.00 | USD -3.00 |
| SUGAR 11 CON1 | USC 10.40 | USC 0.06 |
| UK £ | USD =1.2721 |
| Euro | USD =1.1326 |
| Rand | USD =0.0686 |
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