Markets

In early afternoon trade the rand was at R19.57 to the dollar.

Brent for December settlement was 0.6% lower at $85.33 a barrel.

Spot gold rose 0.3% to $1 826.53 an ounce.

'There is no magic level of yields that, when reached, will automatically draw in enough buyers to spark a sustained bond rally,' analysts led by Ajay Rajadhyaksha wrote in a note.

In early afternoon trade the rand was at R19.28 to the dollar.

Bitcoin was little changed at $27 393.

Brent for December settlement fell 4 cents to $90.88 a barrel.

The local currency hit R19.22 to the dollar in afternoon trade on Tuesday.

Brent for December settlement dropped 0.9% to $89.91 a barrel.

Spot gold fell 0.4% to $1 821.61 an ounce.

In afternoon trade the rand was at R19.14 to the dollar.

Spot gold fell 0.2% to $1 844.30 an ounce.

Brent for December settlement added 0.4% to $92.55 a barrel.

Japanese stocks have risen to multi-decade highs this year as the return of inflation, improving shareholder returns and an endorsement by Warren Buffett all boosted their appeal.