As we all unwound on Friday in readiness for the weekend, the rand staged a last minute recovery against the US dollar, euro and pound.
Continue reading…
Rand recovers from worst levels
Enjoyed this post? Share it!
Are things ‘back on the bus’ now with Trump?
It’s all aboard the Trumplomacy bus, as President Trump offered China an olive branch yesterday, renewing hope that a ‘trade ‘war’ could be avoided……..
Continue reading…
Enjoyed this post? Share it!
Is this the beginning of the end!
Trump announces US withdrawal from the Iranian nuclear deal with plans to impose strict sanctions.
Uncertainty of global oil supplies grows as countries who continue business with Iran may be penalized and ………
Continue reading…
Enjoyed this post? Share it!
You miss one and then hit one
Fridays nonfarm payrolls figures missed the mark (163k vs. 193k expected), while unemployment data reached a 17-year low of 3.9
The job numbers confirm strength in the dollar, with the rand opening at 12.53/$ this morning. This week could see EM ….
Continue reading…
Enjoyed this post? Share it!
Spike in “Black gold” rally stirs inflation fears.
The recent spike in oil prices could fuel global inflationary pressures, which has bolstered the USD to a 2 week high.
Rising US bond yields and easing concerns over geopolitical risks has also positively weighed on the greenback ……..
Continue reading…
Enjoyed this post? Share it!
The rand continues to trade side-ways against the USD
First up is US consumer price inflation, which is expected to come in around 2.4% (ahead of the 2% target and fuelling interest rate increase fears).
The US Fed is next, where March’s meeting minutes should provide insight into how many interest rates hikes……..
Continue reading…
Enjoyed this post? Share it!
Trade wars between US and China continues
US and China tensions continues to grab the headlines, despite disappointing US jobs data Friday.
The US created 103k jobs in March, a far cry from the expected 188k, with unemployment remaining at 4.1%. Emerging markets have recovered slightly, with the rand hugging 12/$. President Trump called China’s bluff over the weekend, threatening another $100bn in tariffs.
Continue reading…
Enjoyed this post? Share it!
Z-Day has arrived for Rand!
The countdown has begun as Zuma’s days as President appear to be numbered with the ANC NEC meeting later today.
After the long wait and numerous speculation “Patience” is still key. USD/ZAR opens below 12/$ as EM Markets remain strong regardless of the volatility in global stock markets.
Continue reading…
Enjoyed this post? Share it!
Rand recovers as US Stocks whiplash
The rand broke below 12/$ overnight as US stocks clawed back more than half their losses seen Monday.
The Zuma saga continues as today’s ANC NEC meeting along with the State of the Nation Address was postponed in order to give more time for talks between Zuma and Ramaphosa (Indicating Zuma may have one foot out “the shower” door!).
Continue reading…
Enjoyed this post? Share it!
Rand slides on US inflation fears
The rand weakened overnight as a result of better than expect US Jobs numbers and wage growth released Friday, sparking fears of higher than expected US interest rate increases during 2018.
The US stock market lost 2.5% as investors cashed out to hold USD in anticipation of a Fed hike in March. The GBP/ZAR continues to flirt with the 17/£ level as a false break to 17.10/£ on Friday was given back on speculation over Zuma’s demise.
Continue reading…
Enjoyed this post? Share it!
SA Match
Discount Activities
Online CBD Stores
- Jobs
- Premium Domains:
Dating
Travel Sites:
Network Sites:
Search Online-Trading
Buy Groceries, Gifts & Flowers Online
Kaspersky Antivirus
SA Match Online Dating
Yell Dating Online
Sell & Buy Bitcoin:
Cheapest Rental Cars in SA
Dating Sites South Africa
- An error has occurred, which probably means the feed is down. Try again later.
Recent Posts
- Studies Show Online Dating is Fully Mainstream Now and has Shaken off the Old Stigma!
- Order Valentine’s Flowers & Gifts for Your Loved One Online Today!
- Has Corporate South Africa Been Infected by ANC Corruption, Greed & Negligence? Dimension Data NTT Case Study
- Coincidence? High Court Rules in Favour of IS / Dimension Data, Both of Whom Failed to Keep Crucial IT Software Updated!
- WIN! Carnival Week for all Olight Flashlight & Knife Fans! The Flash Olight Sale is Here!
- Decolonised Zimbabwe Begging Neighbours for Electricity to Stop Daily 12 Hour Blackouts!
- South Africans don’t fall for Ramaphosa’s Act – 82% say Corruption is Same or Worse Under Cyril!
- Did Tobacco Giant BAT Give Mugabe USD $500,000 to Release Their Private Spies in 2012? – Leaked Documents
Powered by Jislaaik.com and SAFFA