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Geopolitics fear, trade war drives up oil price

Generally, global markets were subdued.

The local market closed in negative territory, with the Alsi down 0.17%, while the rand was trading at R14.40 against the dollar. Matete Thulare, an analyst at Rand Merchant Bank discusses the latest market movements with Nompu Siziba and the factors that contributed to these movements. This includes President Donald Trump backtracking on his decision to ban Huawei.

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