The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Further tapering of monetary stimulus, announced by the US Federal Reserve, has seen the dollar climb while other currencies feel the pressure.
Part of the US Federal Reserve chair’s legacy is a country in recovery, but it’s not yet back to banking business as usual as Bernanke steps down.
The dollar has gained after US Federal Reserve chairperson Ben Bernanke announced plans to taper monthly bond purchases.
Reserve Bank governor Gill Marcus believes that while adjustments to tapering will be trying, it is ultimately good news.
The US Federal Reserve holds off on tapering giving emerging markets some breathing room.
The rand has reached its highest level since August 9 following Lawrence Summers removing his bid for Federal Reserve chairperson.
The rand has depreciated for the third day as investors await guidance from the US Federal Reserve on monetary stimulus.
Gold has risen to the highest weekly gain since October 2011 after US Federal Reserve chairperson Ben Bernanke called for maintaining stimulus.
The rand weakened, reversing earlier gains, after a report showed manufacturing growth slowed more than estimated in May and mining output fell.
Gold climbed higher than it has done in the last two weeks after Federal Reserve chair Ben Bernanke indicated stimulus would be introduced slowly.
The end of easy money is in sight – and the country’s fundamentals are still in bad shape.
Commodities react immediately to the US announcement that it plans to taper off quantitative easing.
SA’s revenue outlook could dim even more if markets react adversely to an awaited announcement by the US Federal Reserve, warns the finance minister.
All eyes will be on central banks in the US, India and South Africa as they announce their latest rates decisions.
Do the world’s central banks plan to restart the printing presses? The question has preoccupied markets for months. This week may yield some clues.
The US vice-presidential candidate has denied he profited from a 2008 meeting with the Federal Reserve chair Ben Bernanke.
Last week’s market carnage in the US and Europe spread to Asia this morning. Now the ball is in the central banks’ court, writes Matt Quigley.
Snapshots of EU and US consumer sentiment are due this week, but all eyes in SA will be on the Reserve Bank’s interest rate decision on Thursday.
Stocks slid again as Europe struggled to contain a debt crisis in Greece that is threatening to plunge the continent back into recession.
