South African Markets - Factors to watch on June 26
JOHANNESBURG, June 26 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Thursday.
ECONOMIC EVENTS
May producer inflation data ZAPPIY=ECI, ZAPPIY=ECI
South African Reserve Bank's Quarterly Bulletin
SOUTH AFRICAN MARKETS
The South African rand was steady on Wednesday as investors digested the fragile Israel-Iran ceasefire that brought relief to rattled markets, and braced for key economic data from the world's largest economy.
The Johannesburg Stock Exchange's Top-40 index .JTOPI last traded down 0.5%..JZAR/
GLOBAL MARKETS
Asian stocks stuttered on Thursday, while oil prices stabilised and the euro was perched at a 3-1/2-year high as investors weighed geopolitical, economic and fiscal uncertainties as they braced for U.S. President Donald Trump's deadline on tariffs. MKTS/GLOB
WALL STREET
U.S. stocks took a breather on Wednesday, pausing a two-day rally as the tenuous Israel-Iran ceasefire continued to hold and investors pored over a second day of congressional testimony from Federal Reserve Chair Jerome Powell. .N
GOLD
Gold edged higher on Thursday, lifted by a weaker dollar and growing uncertainty after reports suggested U.S. President Donald Trump was considering replacing Federal Reserve Chair Jerome Powell as early as September-October. GOL/
EMERGING MARKETS
For the top emerging markets news, double click on nTOPEMRG
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Some of the main stories out in the South African press:
BUSINESS DAY
- G20 sherpa meetings begin without the U.S.
- Everyday crypto payments on the rise in SA, Luno reports
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