XM does not provide services to residents of the United States of America.

South African Markets - Factors to watch on June 25

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>South African Markets - Factors to watch on June 25</title></head><body>

JOHANNESBURG, June 25 (Reuters) -The following scheduled political and economic events, company announcements, equity and currency market moves may affect South African markets on Tuesday.


Negotiations over cabinet positions continue between the 10 political parties that make up the government of national unity.


South Africa's central bank will publish its composite leading business cycle indicator for April.

South Africa's government will hold its weekly auction of long-term bonds.


Medical marijuana company Cilo Cybin will list on the Johannesburg Stock Exchange, in a first for South Africa.


The South African rand slipped on Monday, as markets waited for President Cyril Ramaphosa to announce the cabinet lineup of his government of national unity.

On the Johannesburg Stock Exchange, the blue-chip Top-40 .JTOPI index closed 0.9% stronger. .JZAR/


Asian shares were subdued on Tuesday while the battered yen hit a record low versus the euro, although the risk of intervention stemmed further weakness against the U.S. dollar. MKTS/GLOB


The Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated out of AI-linked stocks and added some laggards to their portfolios, betting on Federal Reserve interest rate cuts this year. .N


Gold prices eased on Tuesday, while investors looked toward key U.S. inflation data due later this week that could throw some light on the Federal Reserve's interest rate cut stance. GOL/


For the top emerging markets news, double click on nTOPEMRG

- - - -

Some of the main stories out in the South African press:


- Tension rises in the unity government as the DA sets out its demands

(Compiled by Tannur Anders)


Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.