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Markets LIVE: Rand gets 'comfortable' as EMs on the front foot
January 10, 2019--The major factor last night was the release of the Fed minutes which suggested that the Fed will be more cautious with their rate hiking path than initially expected, says TreasuryONE's Andre Botha.
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Source: FIN24
Markets WRAP: Rand closes at R13.86/$
January 9, 2019--"The overall tone in the markets is for some EM strength but as we have seen in the past, sentiment is fickle and it only takes one headline for it to change," said TreasuryONE's Andre Botha.
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Source: FIN24
Nigeria's 2.1% Economic Growth to Spur West Africa 2019 Forecast
January 8, 2019--Nigeria's 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected.
The report by the UN Secretary-General on the 'Socioeconomic Trends' West African sub-region, forecasted an economic rebound in the West Africa sub-region in 2019.
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Source: allafrica.com
Markets WRAP: Rand closes at R13.93/$
January 8, 2019--The rand had a day's range of R13.86 to R14.05 to the dollar on Tuesday.
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Source: FIN24
Markets WRAP: Rand closes at R13.86
January 7, 2019--The rand continued to trade below the R14.00 level on Monday.
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Source: FIN24
Nigeria: NSE Unveils Ai Powered X-Bot to Enhance Market Participation
January 4, 2019--The Nigerian Stock Exchange, NSE, has launched the X-Bot, an artificial intelligence (AI)-powered Chatbot that responds directly and automatically to enquiries through Facebook Messenger.
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Source: allafrica.com
Rand extends gains against dollar, JSE positive
January 4, 2019--Dramatic swings in the rand-at one stage on Thursday it was trading as low as R14.70 to the greenback -point to a volatile year ahead for the local currency.
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Source: FIN24
Rand reverses losses to end day 1% stronger against dollar
January 3, 2019--After falling to a three-month low against the dollar earlier on Thursday, the rand clawed back its losses to end the day over 1% firmer against the greenback.
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Source: FIN24
SA stocks end worst year since 2008 on positive note
December 31, 2018--South African stocks have climbed 0.6% in the final session of 2018 after President Donald Trump reported 'big progress' in trade talks with China, paring losses for a year that's still the market's worst since 2008.
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Source: FIN24
Markets WRAP: Rand closes at R14.38/$, stocks end on a high
December 31, 2018--The rand ended its trade on the last day of the year at R14.38/$, while local stocks climbed 0.6% in the final session.
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Source: FIN24
