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Fin24 Markets
- Bonds weaken, rand steady, eyeing Greece
Bonds fell further while the rand steadied despite reports the government is considering a mining wealth fund that could be used to cap the currency's gains.
- JSE ends firmer on world stocks
The JSE ended decidedly firmer, snapping a two-day losing streak, on fresh hopes that Greece was on the verge of striking a deal with its creditors in return for a bailout.
- Stocks, oil up as Greek bailout deal nears
Global stocks and crude oil rose on expectations a second bailout deal for Greece was close, a move that would help the country avoid a messy default.
- JSE stays positive at noon
The JSE maintained a positive tone in midday trade, tracking global markets.
- Bonds mixed in choppy session
South African bonds were mixed in quiet midday trade. The R186s and R207s were a bit weaker, while the benchmark R157s were slightly firmer.
- Rand firmer on optimism for Greek deal
The rand remained firmer against the dollar in noon trade. It was tracking a euro that earlier had hit its highest level since December 2011 against the dollar.
- JSE lifted by stronger world markets
The JSE has risen, boosted by Asian markets on renewed hopes that Greece was closer to agreeing to bailout conditions, as demanded by its creditors.
- Rand, bonds buoyed by Greek optimism
The rand has firmed against the dollar, consolidating near five-month highs while the market awaits direction from Greece austerity talks.
- Investors eye final stages of Greek talks
Asian shares hit their highest level in more than five months and the euro jumped as investors kept hopes alive for an agreement on details of a new Greek bailout package.
- US stocks claw out gains
US stocks closed in positive territory, clawing back from losses after reports that Greece was nearing a bailout deal to avoid defaulting on its debt.
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