Market wrap

Global markets have shifted to a "risk-off" stance as investors await President Trump’s 8 p.m. ET Iran deal deadline, a geopolitical crossroads that has driven oil prices higher on supply fears while pulling S&P 500 futures lower. Amidst this volatility, gold remains a steady haven and the South African rand has weakened against the dollar; meanwhile, Eskom provided a rare signal of domestic fiscal stability by successfully redeeming its R38 billion ES26 bond after a 19-year market run. Tehillah Niselow spoke to Khumbulani Kunene, Investment Analyst at FNB Wealth and Investments.See omnystudio.com/listener for privacy information.