South Africa

MARKET WRAP: JSE weakens in late trade as miners pull back

The JSE turned weaker just before the close while US treasury yields rose again over concern about an uptick in inflation. Resources performed worst on the day.

“The bond market is selling off again despite tremendous Covid-19 vaccine progress. The economic recovery is still fragile and rising yields could trigger illiquidity in the market and that could have spillover effects and a negative impact across other markets,” said Oanda senior market analyst Edward Moya...

Football news:

Pochettino on reaching the semi-finals: It's all down to the PSG players. I missed the adrenaline
Manuel Neuer: Bayern should have played better in Munich. We missed a lot of chances
Hans-Dieter Flick: Bayern lacked the final touch in attack. Congratulations to PSG
PSG President: We have invested a lot in the club to win the Champions League. Neymar and Mbappe have no reason to leave
Tuchel about 0:1 with Porto: Maybe not the best game to watch. Chelsea deserved to win after 180 minutes
Neymar on reaching the 1/2 Champions League: We knocked out the winner of the tournament. Now PSG should always strive to reach the semi-finals
Porto fouled Pulisic 11 times. Over the past 5 seasons, the Champions League has not broken the rules on anyone more often