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A guide to world’s top central banks’ next move
Global central banks are gradually withdrawing easy monetary policy several years because they began racing to save the day of an world economy skidding into recession.
The Federal…
Top forecaster sees rand rebound as local investor flight eases
There's no room left to run for South African investors who would like to diversify away from the country's ailing economy — and the could be nice thing about it for your rand,…
Rand weakens after World Bank cuts growth forecast
The rand retreated as soon as possible Thursday as soon as the World Bank cut its economic growth forecast and took a dim view of President Cyril Ramaphosa’s stimulus plan.
The…
Dollar dependence sets markets for ‘liquidity crunch’
The current run-up in US Treasury yields along with the dollar poses an important stress test for your global economic system that is a lot more determined by the American currency…
Morgan Stanley warns rand is most at risk of US yield rise
South Africa's rand is most at risk from the rise in US Treasury rates among its emerging-market peers, based on Morgan Stanley, which predicts further weakness to the battered…
Rand slides over Nene crisis, stocks hit 6-month lows
The rand weakened several percent?on Monday with a newspaper claim that finance minister Nhlanhla Nene had asked President Cyril Ramaphosa to sack him rocked the currency.
Stocks…
Nasdaq drops for third day on global growth worries
The tech-heavy Nasdaq fell on Monday to your third straight day as being a sell-off in Chinese markets sparked concerns about slowing global economic growth, even though S&P 500…
Rand firms well before finance minister’s holiday to Indonesia
The rand was firmer at the beginning Tuesday, as Finance Minister Nhlanhla Nene was scheduled to journey to Indonesia to represent?South?Africa?at a celebration from the…
Rand, banking stocks rally as Mboweni named finance minister
The rand climbed to some session best after President Cyril Ramaphosa appointed former central bank governor Tito Mboweni as finance minister, a moved that soothed markets after…
Nene rollercoaster takes Nomura from biggest rand bear to bull
Nhlanhla Nene continues to be dropped from South Africa's cabinet twice in 3 years — along with his misfortunes are the catalyst that turned one of the primary rand bears into…