SA is near junk status from all 3 rating agencies. What could follow?

2019-08-23 18:00

A lack of significant reforms led to the country being downgraded to junk status by both Standard & Poor’s and Fitch in April 2017. Only Moody’s has kept South Africa one notch above junk status. But for how long? asks Misheck Mutize.

Markets WRAP: The rand closed at R15.16/$

2019-08-23 08:31

This after the local unit made a comeback earlier following Fed comments earlier in the day.

Markets WRAP: Rand closes at R15.23/$

2019-08-21 07:34

SA's inflation figure came out at 4.0% for July today, which was better than the 4.5% in June.

Suffering emerging markets look to Fed's Powell to calm frayed nerves

2019-08-19 07:47

Investors will be hanging on Jerome Powell's every word this week for clues as to whether the current nervousness gripping emerging markets is justified.

Markets WRAP: Rand closes at R15.27/$

2019-08-15 07:54

The rand closed at R15.27/$ on Thursday.

Rand gains by more than 1% after US delays some China tariffs

2019-08-13 16:40

The rand recouped earlier losses to strengthen against the dollar after the Trump administration announced it would delay imposing a 10% tariff on some Chinese products.

US stock futures decline as Hong Kong sours mood

2019-08-12 14:41

US equity futures reversed an advance on Monday alongside European stocks as mounting unrest in Hong Kong weighed on investor sentiment.

Rand 3% weaker after 'tsunami' of domestic, international events

2019-08-10 10:47

The rand lost 3% against the dollar this week and breached the R15/$ mark. On Thursday it reached a low of R15.20/$.

Markets WRAP: Rand closes at R15.09/$

2019-08-08 08:49

The rand was on the backfoot for most of the day.

Markets WRAP: Rand closes more than 1% weaker at R15.07/$

2019-08-07 08:13

The local unit ended the day more than 1% weaker at R15.08/$.


Q&A: What's behind the rand's severe wobbles?

2019-08-23 12:07

Alwyn Van der Merwe, director of investments at Sanlam Private Wealth weighs in on what's knocking down the rand and if there could be relief in the future.

Markets LIVE: Rand closes at R15.44/$

2019-08-22 08:30

The rand closed at R15.44/$ on Thursday.

Markets WRAP: Rand closes at R15.34/$

2019-08-20 07:29

The rand closed at R15.34/$ on Tuesday.

Markets WRAP: Rand closes at R15.23/$

2019-08-16 07:43

TreasuryONE said in a note earlier that EM currencies had recovered from their weaker levels.

Markets WRAP: Rand closes at R15.41/$

2019-08-14 07:56

The rand closed at R15.41/$ on Wednesday.

Asian markets sink as investors hit by perfect storm of crises

2019-08-13 06:47

Markets retreated in Asia on Tuesday as uncertainty over the China-US trade talks was compounded by increasing tensions in Hong Kong and an economic crisis in Argentina.

Rand falls by over 1% against the dollar, has 'nowhere to hide'

2019-08-12 11:52

A combination of global risk-off sentiment caused by the US/China trade war and local concerns around Eskom have battered the local currency, say analysts.

JSE tracks other markets higher as trade war fears ease

2019-08-08 18:51

Global stocks surged on Thursday as trade war fears eased following the better than expected strengthening of the Chinese currency.

Local bourse barely closes firmer after lukewarm session

2019-08-07 18:05

The JSE barely closed firmer on Wednesday following another session in which the local index gave up earlier gains towards the close.

JSE holds on to gains despite losing steam towards the close

2019-08-06 18:46

The local bourse attempted a minor rebound on Tuesday as it opened firmer along with most major global indices before momentum faded towards the close.

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