Markets WRAP: Rand closes at R14.4339/$

2019-05-24 08:41

Sterling gained for the first time in 15 sessions against the common currency Friday, having been battered this month by the prospect that a hard-line Brexit candidate could replace May.

Markets WRAP: Rand closes at R14.36/$

2019-05-22 09:10

The local unit ended the day's session at R14.36 to the dollar, having opened at R14.39.

Markets WRAP: Rand closes at R14.38/$

2019-05-21 08:40

The rand ended the day at R14.38 to the greenback.

Markets WRAP: Rand closes at R14.4236/$

2019-05-20 08:39

US equity futures dropped alongside stocks in Europe as the fallout of White House moves against Chinese telco giant Huawei rippled through the technology industry.

Rand ends week nearly 1% stronger

2019-05-17 16:35

The rand has ended the week nearly 1% stronger, on the back of the outcome of the general election which was in line with market expectations.

Deutsche Bank bets on Chilean peso versus the rand

2019-05-17 07:58

It’s a trade you don’t often see: shorting the rand versus Chile’s peso.

Markets WRAP: Rand closes at R14.23/$

2019-05-16 08:15

TreasuryONE said earlier that the news that US President Donald Trump would delay auto tariffs boosted markets.

Markets LIVE: Rand closes at R14.20/$

2019-05-15 08:00

The rand strengthened on Wednesday afternoon on reports that US President Donald Trump will delay imposing tariffs on auto imports.

Markets WRAP: The rand closes at R14.22/$

2019-05-14 08:19

TreasuryONE said earlier the rand was likely to remain in the R14.15/R14.45 range ahead of the announcement of the country's new cabinet.

Rand firms on election results, but will take its cue from US-China trade war

2019-05-13 08:44

The local currency will continue to track emerging market sentiment as talks between the world's two largest economies remain deadlocked over tariffs, say analysts.


Markets WRAP: The rand closed at R14.47/$

2019-05-23 08:50

TreasuryONE said in a note earlier that the rand was holding on to Wednesday's gains despite the stronger dollar.

Rand, emerging market currencies on the backfoot amid US-China trade tensions

2019-05-21 12:51

The rand weakened in early trade, before strengthening somewhat, as uncertainty around US-China trade talks dampened demand for emerging markets currencies.

Rand to remain under pressure as US-China trade tensions take centre stage

2019-05-20 11:04

The rand regained some ground against the dollar on Monday morning after weakening late last week, but is expected to remain under pressure as trade tensions between the US and China take centre stage.

Local bourse weaker as China threatens to walk away from trade talks

2019-05-17 18:34

The impact of this new information was evident on the Shanghai Composite Index which fell 2.54%, while the Hang Seng lost 1.16%. Stocks in Japan advanced which saw the Nikkei close 0.89% firmer.

Markets WRAP: Rand closes at R14.40/$

2019-05-17 08:46

The day's range was between R14.28 and R14.41.

JSE inches higher as global stocks rise

2019-05-16 18:03

Despite gains being relatively mild, most of the equity indices managed to hang on to these gains to end the day firmer. In Asia the Shanghai Composite Index closed 0.45% firmer while the Hang Seng closed flat after only adding 0.02%.

JSE resumes downtrend

2019-05-15 18:14

The relief recorded across most of the major global indices in the prior session seemed to have been short lived, as pressure mounted across most of the indices except for Asia where markets traded mostly firmer.

JSE closes flat as downtrend pauses

2019-05-14 18:26

The minor strength on the Johannesburg Stock Exchange was also aided by a rebound in European counters as well us equity futures which traded mostly firmer on the day despite a weaker trading session earlier in Asia.

Stocks plunge as China announces tariff retaliation

2019-05-13 18:28

In mainland China, the Shanghai Composite Index closed 1.65% lower on Monday while the Japanese Nikkei lost 0.72%.

Markets WRAP: Rand closes at R14.31/$

2019-05-13 07:50

Analysts said earlier that the rand was likely to take its cue from the ongoing US-China trade war, which further intensified after China retaliated and imposed additional tariffs on some American goods.

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