Investments

 

Rand creeps lower vs. EUR, USD and GBP

Leave a comment

While there’s been plenty of World Cup drama this week (mostly focused on VAR controversy) the rand has been having a less exciting few days.

But while ZAR hasn’t experienced a significant shift since the weekend, it has still edged lower against the US dollar, euro and pound.
Continue reading…

Enjoyed this post? Share it!

 
 

New fears on the horizon

China’s previously announced tariff on US products came into effect yesterday with more than 120 US products being affected.

The introduction of the 15% tariff could spark fresh fears of a trade war amongst global markets. On the topic of 15%, yesterday also saw the increase of VAT and with fuel levies set to………
Continue reading…

Enjoyed this post? Share it!

 
 

Z-Day has arrived for Rand!

The countdown has begun as Zuma’s days as President appear to be numbered with the ANC NEC meeting later today.

After the long wait and numerous speculation “Patience” is still key. USD/ZAR opens below 12/$ as EM Markets remain strong regardless of the volatility in global stock markets.

Continue reading…

Enjoyed this post? Share it!

 
 

Bitcoin Policies Should Protect Investors, Not ‘Feed the Frenzy,’ Ex-FDIC Chair Bair

Former FDIC Chairwoman Sheila Bair also thinks that governments should not “make their own value judgments about Bitcoin.”

Former US Federal Deposit Insurance Corporation (FDIC) Chairperson Sheila Bair has recently commented that the Bitcoin policies created by governments should protect the investors rather than ‘feed the frenzy’ over the cryptocurrencies. The opinion comes from Bair’s op-ed article published on Yahoo Finance this Tuesday.

Continue reading…

Enjoyed this post? Share it!