JSE down as retail sales disappoint
September 12, 2018--The JSE closed softer on Wednesday following disappointment in South Africa's retail sales numbers for July which came in lower than expected.
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Source: FIN24
Rand strengthens under R15/$ as Turkish lira firms
September 12, 2018--The rand has made up some of the losses it suffered at the beginning of last week when it fell sharply in tandem with the Turkish lira, which firmed on Wednesday afternoon.
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Source: FIN24
JSE not spared as relentless trade war selloff continues
September 11, 2018--Equity markets continued to selloff as world markets begin to stomach the effects of future tariffs, proposed by the Trump administration.
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Rand gains limited by negative emerging market sentiment
Forbes ranks Rwanda, SAfrica over Nigeria on investor protection view more
Rand firms in early trade but threats of volatility remain
Rand now see-saws to gain 1.4% against the dollar
Retailers and financials get a lift from the firmer rand
Rand firms by 1%, still in 'treacherous terrain'
Rand crashes through R15.50/$-has lost 6.5% this week
Source: FIN24
September 11, 2018--The rand, which has been strengthening since Thursday last week, may break through the R15/$ barrier on Tuesday say analysts.
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Source: FIN24
September 10, 2018--Forbes has ranked Nigeria 3rd best in Africa in terms of "investor protection". Rwanda and South Africa were rated above Nigeria on the African continent. A total of 153 countries surveyed.
The American business magazine made this known in its Index of Best Countries for Business Report released on Friday.
Source: latestnigeriannews.com
September 10, 2018--The local currency gained 0.4% against the greenback in early trade, but analysts warn it will again take its cue from how global investors view emerging markets.
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Source: FIN24
September 7, 2018--The rand has been a tough challenge for market watchers to predict this week, at one point threatening to break R16.00/$.
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Source: FIN24
September 6, 2018--The JSE closed firmer on Thursday led by retailers and financials which rebounded on the back of the firmer rand.
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Source: FIN24
September 6, 2018--The local currency is still facing the twin pressures of SA's technical recession and broad emerging market weakness, says Bianca Botes of Peregrine Treasury Solutions.
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Source: FIN24
September 5, 2018--The local currency's bad week shows no signs of stopping.
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Source: FIN24