Efficient Research Inflation A Matter of Interest (Rates)

Higher oil prices, inflation concerns and the anticipation of upward movements in interest rates, seem to be the global theme in world markets.  The JSE All share retreated 1.4% (31 047.43) yesterday with Resources down 1.35%.  The Gold mining index fell just over 3.0% and the Platinum mining index closed 0.4% lower.  Amongst resources stocks, BHP Billiton decreased 3.5% (R284) and Anglo American shed 0.3% (R513.75). Read on