{"id":122267,"date":"2016-05-03T08:44:46","date_gmt":"2016-05-03T06:44:46","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=122267"},"modified":"2016-05-03T08:44:46","modified_gmt":"2016-05-03T06:44:46","slug":"5-things-you-should-know-before-trading-starts-today","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/122267\/5-things-you-should-know-before-trading-starts-today\/","title":{"rendered":"5 things you should know before trading starts today"},"content":{"rendered":"<p>Here&#8217;s what is happening in the markets:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/south-africa\/ancyl-president-mum-on-purchase-r5-million-estate\">ANC Youth League president Collen Maine is keeping silent on allegations that the Gupta family had put up the cash for his R5.4 million home<\/a><\/strong>. Investigations by\u00a0amaBhungane revealed that Maine had to pay R140,000 per month for his home &#8211; while he only earned a salary of R30,000 per month.\u00a0Bond documents revealed the bond was financed by the Bank of India.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/122263\/sa-petrol-price-hike-on-wednesday\/\">Motorists are in for some \u00a0more petrol price pain on Wednesday (4 May 2016)as petrol prices are set to rise<\/a><\/strong>.\u00a0Motorists will have to fork out 12 cents more for a litre for all grades of petrol come Wednesday, while the price of diesel will dip by 1c\/litre for 0.05% sulphur and 2c\/l for 0.005% sulphur.<\/li>\n<\/ul>\n<ul>\n<li>South Africa&#8217;s rand extended its gains against the\u00a0dollar on Friday to hit a five-month high, lifted by a\u00a0weaker greenback and a court ruling against scandal-beset\u00a0President Jacob Zuma, while stocks fell in line\u00a0with global counterparts. <strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Tuesday the ran was trading at R14.27 to the dollar, R20.99 to the pound and R16.50 to the euro<\/a><\/strong>.<\/li>\n<\/ul>\n<ul>\n<li>In global news,\u00a0<strong><a href=\"http:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL5N1800SS?sp=true\">Asian stocks erased earlier gains and the Japanese yen\u00a0rallied to a fresh eighteen-month high on Tuesday as\u00a0investors grew doubtful<\/a><\/strong> about global central banks&#8217; ability\u00a0to boost growth through aggressive policy easing.\u00a0US stocks rose on Monday, rebounding from losses last week, as financials gained with Berkshire Hathaway and weakness in the dollar eased worries about earnings for multinationals.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.reuters.com\/article\/us-global-oil-idUSKCN0XU020\">Oil prices rose on Tuesday as the dollar\u00a0slipped to an 18-month low against the yen, potentially\u00a0spurring fuel demand<\/a><\/strong>, but gains were restricted by rising\u00a0Middle East output that renewed concerns of a global supply\u00a0overhang.\u00a0Brent crude was trading at $46.04 per barrel, while US crude futures up at $44.98 a barrel.<\/li>\n<\/ul>\n<p><strong>In other news<\/strong>:<strong><a href=\"http:\/\/www.timeslive.co.za\/thetimes\/2016\/05\/03\/Outa-claims-Sanral-is-lying\"> Anti-e-toll group Outa says that road agency Sanral is lying about a large number of people settling their e-toll accounts<\/a><\/strong>, taking advantage of the 60% discount that expired yesterday. The group shrugged the claim off as propaganda.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s what is happening in and affecting the South African markets (3 May 2016)<\/p>\n","protected":false},"author":10,"featured_media":110953,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121],"tags":[26,175],"class_list":["post-122267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","tag-headline","tag-jse"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/122267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=122267"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/122267\/revisions"}],"predecessor-version":[{"id":122269,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/122267\/revisions\/122269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/110953"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=122267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=122267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=122267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}