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Rand firms on emerging markets rally
South?Africa‘s rand strengthened against a softer dollar in early stages Wednesday as expectations that Beijing would implement stimulus to reduce economic downturn and the…
Rand starts week on back foot against dollar
The rand was around the back foot resistant to the dollar as soon as possible Monday as investors awaited exactly a new round of folks tariffs against China later inside day and also…
Rand enjoys strong week as Moody’s turns more upbeat
The rand was to normal for gains in excess of 2% contrary to the dollar this week, despite some profit-taking on Friday, after Moody’s signalled that it was unlikely to strip…
Oil prices surge as Saudis, Russia won’t open spigots
Global Benchmark Brent crude jumped more than 3% on Monday to a four-year high above $80 a barrel after Saudi Arabia and Russia eliminated any immediate surge in production despite…
Rand and rouble help healing process, econ plan hobbles lira
Emerging market bargain hunters lost in force on Thursday, snapping up beaten up currencies from South Africa to Russia and driving the most crucial global EM stocks index to some…
Rand awaiting catalyst as traders, analysts diverge on outlook
The rand's for a tipping point, with analysts and derivatives traders at odds across the next move for South Africa's currency.
For Societe Generale SA, the rand's 7.3% rally up to…
Turmoil aftershocks reach Africa as central banks shift course
Central banks around Africa — poised to show their first reply to the emerging-market turmoil in history month — could very well usher in an end to the continent's…
Profit-taking pauses rand rally prior to Ramaphosa stimulus statement
The rand paused a rally in the beginning Friday as investors took profits and awaited info on economic stimulus plan by President Cyril Ramaphosa.
At 0630 GMT the rand was 0.2%…
S&P 500, Dow as rising Treasury yields boost banks
The S&P 500 plus the Dow Jones industrial average rose on Wednesday, while using the Dow hitting its highest closing level since late January as rising Treasury yields boosted…
Dollar seeking biggest weekly drop in 7 months
The dollar weakened against a majority of its rivals on Friday, barring the British currency, as stronger equity markets and rising bond yields fuelled a rush to acquire riskier…