Resilient rand trades firmly under R12/$ on upbeat local data

2018-04-19 11:10

The rand continued to trade under the R12/$ level, in the wake of healthy local retail sales data, better than expected local inflation data and broad emerging market strength.

Rand stable above R12/$ as geopolitics again sets tone for emerging markets

2018-04-16 08:53

The local currency was steady in early trade, changing hands at R12.07 to the dollar from its previous close of R12.08 to the greenback.

Rosy prospects of SA economy surprised us, Reserve Bank admits

2018-04-12 21:00

The Reserve Bank has warned that external risks such as the recent the tit-for-tat tariff decisions between China and the US, could trip the South African economy up if a trade war ensues between the two large economies.

Rand steady in early trade, but emerging market jitters remain

2018-04-11 11:23

The rand has been steady in early trade, with market watchers closely following the fallout from US sanctions on Russian oligarchs, Turkey's financial troubles and the ongoing US/China trade dispute.

It looks like China just blinked in its trade battle with Trump

2018-04-10 17:35

Chinese President Xi Jinping may have just conceded in his trade war with American President Donald Trump by considering lower import tariffs on cars.

China's Xi pledges greater openness amid Trump trade dispute

2018-04-10 08:25

The Chinese president vowed to open sectors from banking to auto manufacturing, as he also warned against returning to a 'Cold War mentality' amid his trade dispute with US counterpart Donald Trump.

Trump vows that China `will take down its trade barriers'

2018-04-08 17:10

Trump's latest salvo comes as world’s two largest economies teeter on the brink of a trade war that’s unsettled global financial markets.

US, China guarded on trade talk prospects

2018-04-06 19:30

The US and China have played down the prospect of a diplomatic breakthrough to resolve their brewing trade dispute as President Donald Trump said investors may face short-lived “pain”.

SA fruit and wine exports will benefit from a US-China trade war. But it will be bad for everything else

2018-04-05 16:19

China has introduced a 15% tariff on US wine, dried fruit and citrus.

China to retaliate against Trump's trade tariffs with levies on more than 100 products

2018-04-04 11:01

State TV in China reports that Beijing will levy tariffs on over 100 products traded with the USA.

 

Rand remains range-bound amid lack of data

2018-04-17 12:45

The rand gained 10c against the dollar in early trade, but again weakened to trade near its opening price against the greenback shortly before noon.

Rand steady above R12/$ as markets focus on geopolitics

2018-04-13 14:11

The local currency was fairly level in early trade, as the attention of global markets remained fixed on the Trump/China trade tariff dispute and the situations in Syria and North Korea.

Rand skids on Donald Trump's 'get ready Russia' tweet

2018-04-11 14:08

The rand has slipped in line with other emerging market currencies, following a tweet by President Donald Trump warning Russia against countering missiles the US intends to fire at Syria.

China vows wider access to financial markets amid trade row

2018-04-11 11:02

China says it would allow foreign investors greater access to its stock markets and promised that other previously announced financial reforms would come into effect within months.

Trump's trade war: What does it mean for the rand?

2018-04-10 17:06

Even though a country such as South Africa has no real interest in Chinese and US relations, it is touched by the aftershocks as this affects the rand too, says James Paynter.

Trump's 'art of the deal' tactics face ultimate test with China

2018-04-09 07:10

US President Donald Trump has shown a penchant for trying to bully America’s trading partners into concessions at the negotiating table. In China, he faces a rising superpower with the economic might to hold its own.

US senators eye local investment

2018-04-08 06:00

US companies will be encouraged to increase investment and partnerships with SA, says Senator Chris Coons.

China vows to fight Trump tariffs 'to the end' as tension rises

2018-04-06 12:34

China says it will counter US protectionism 'to the end, and at any cost', as the war of words over President Donald Trump’s proposed tariffs on Chinese imports continues to escalate.

It's ‘wait and see’ for the rand as markets track US/China trade war

2018-04-04 11:54

With little local economic data set to be released this week, the rand is tracking how the trade dispute between the US and China plays out.

China to respond to new US duties with 'same scale, intensity'

2018-04-03 16:10

China will respond to any tariffs imposed by the US against alleged violations of intellectual property rights with the same proportion, scale and intensity, according to its US ambassador.

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