Nedbank Group's financial results for 2021 reflect a strong recovery from a low base in 2020. Total income (HE) increased 115% to R11.7 billion in 2021, but is still 7% below 2019 levels. HE Growth was driven by significantly lower impairments, a higher net interest margin, a recovery in NIR growth, disciplined cost management and stronger financial performance from our investment in ETI. Key drivers of shareholder value creation were also positive, with net asset value per share up 11%, ROE improving to 12.5% (2020: 6.2%) and full year dividends of 1,191 cents per share at 2.02 times cover. Read more.
Tags : precious metals
Fed officials made their comments on the rate hike. Will the growth of XAUEUR quotes continue? Read more.
The release of CPI sent a shockwave through the precious metal, as well as most major pairs - providing traders with extreme volatility. Read more.
In this review, we propose to consider a personal composite instrument (PCI) "XAUAUD". It reflects the price dynamics of gold against the Australian dollar. Will the XAUAUD quotes continue to rise? Read more.
On Friday, the precious metal gained in London but was still trading near a two-week low hit earlier in the day. Read more.
The previous recommendation for this gold instrument was canceled, as the price broke the stop level without activating the order. Read more.
On the daily timeframe, XPTUSD: D1 went up from the downtrend. A number of technical analysis indicators have generated signals for further growth. Read more.
World events affecting your trades.
In case you missed it, here is a recap of the top trending stories that may have swayed markets during the past week.
What is happening around the world that may affect your trades. Read below to learn more.
What is happening around the world that may affect your trades. Read below to learn more.