Rand gets boost from Bernanke comments-continued

March 26, 2012--The rand and bonds firmed on Monday against the dollar on the back of Federal Reserve Chairman Ben Bernanke’s dovish comments, triggering a large sell-off from the greenback against most emerging market currencies.
Bernanke’s warning that the US economy needed to grow faster to get the unemployment rate down boosted hopes early in the session that the bank could yet conduct another round of quantitative easing.

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Source: FIN24

AFRICA ETP News
African Economic Outlook 2016
May 23, 2016--How Africa urbanises will be critical to the continent's future growth and development, according to the African Economic Outlook 2016 released today at the African Development Bank Group's 51st Annual Meetings.
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JSE set to end week lower as economic prospects falter
May 13, 2016--Share prices on the JSE have been lower for a third consecutive day, with financial shares hardest hit by the sober economic picture.
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Rand slips as dollar holds on to gains
May 13, 2016--The rand has weakened after the dollar held to gains against major currencies as traders awaited economic data from the United States.
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OPEC says oil glut 'may ease' by 2017
May 13, 2016--OPEC says a global crude glut that has squeezed the market and sent prices plunging over the past year "may be easing" as a result of countries outside the cartel.
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US disappointment spills over to JSE
May 12, 2016--The JSE, along with other world markets, has been reeling from the aftermath of very disappointing company results from some of the biggest consumer companies in the US.
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Commodities in spotlight on lacklustre JSE
May 11, 2016--Commodity shares have been back in the spotlight on the JSE, but all indices moved mostly sideways for most of the morning after some initial gains.
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JSE remains vulnerable to further declines, warns OAM
May 11, 2016--The JSE All Share index remains vulnerable to further declines as it appears to be dramatically over-priced, warns Overberg Asset Management
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South Africa: Some Reports On Moody's Decision Incorrect
May 10, 2016--The National Treasury has moved to clarify Moody's Investors Service's decision on South Africa's ratings, particularly on the country's outlook.
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Dual-listed shares shine on the JSE
May 10, 2016--Investors on the JSE have been seeking safety in the big dual-listed shares, all of which were trading higher by mid-morning.
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Rand up but fragile as weak jobs numbers weigh
May 10, 2016--The rand has steadied but remained near one-month lows as gloomy economic prospects continued to weigh after the unemployment rate rose to a record high.
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Rand falls as afterglow of Moody's decision fades
May 9, 2016--The rand has given up its strong gains as momentum spurred by Moody's decision not to downgrade the credit rating faded, giving way to concerns about the economy.
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Negative global sentiment dents JSE
May 6, 2016--Continuing negative sentiment on world markets is slowly pushing share prices on the JSE lower, with both the All-share and Top 40 indices down by mid-morning.
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Nigeria: Nigerian Equity Market Dips Further
May 6, 2016--Activities on the Nigerian Stock Exchange (NSE) on Thursday for the second consecutive day, maintained a negative posture with the market indicators dropping further by 0.59 per cent amid losses by blue chips.
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South Africa: Capital Outflows Likely If SA Downgraded
May 5, 2016--The Reserve Bank says a further rating downgrade of South Africa could lead to capital outflows.
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Rand firms, frail economy poses a risk
May 5, 2016--The rand has firmed against the dollar, recovering from a nearly 4-week low hit, but analysts say concerns about the economy still poses a risk.
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JSE resource-stock slump may just be getting started
May 5, 2016--A drop of more than 6% this week for JSE-traded resources stocks may presage further declines, say analysts citing indicators and excessive optimism among investors.
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Nigeria: Investors Stake N183 Billion On 47 Billion Shares in Four Months
May 4, 2016--Investors invested about N182.845 billion in 46.758 billion between January and April 2016.
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Africa: A New Frontier for Islamic Investment
May 4, 2016--Investors from Organisation of Islamic Cooperation member countries are increasingly looking at opportunities in sub-Saharan Africa.
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Rand takes a beating, heading back to R15/$ in May
May 4, 2016--South Africans should prepare themselves for more drastic shifts in the rand as the rating downgrade looms, an analyst has warned after the rand went from R14.23 to R14.72.
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Investors get mixed returns in Africa
May 3, 2016--Equity market investors have suffered heavy losses in Nigeria and Ghana but enjoyed good returns in South Africa for the four months ended April 29 2016.
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Rand weakens on import demand, stocks fall
May 3, 2016--The rand has fallen as much as 1.4% against the dollar, weighed down by a combination of global risk aversion and a surge in domestic corporate import demand.<
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IMF-Sub-Saharan Africa Regional Economic Outlook: Time for a Policy Reset
May 3, 2016--After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks-the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa.
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JSE dips on rand rally
April 29, 2016--Share prices have mostly been lower as the market's attention turned to the rand, which strengthened to its best level in a week on the back of a weaker dollar.
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Rand firmer on risk appetite boost
April 29, 2016--The rand has firmed against the dollar, holding on to a one-week high buoyed by risk appetite after a string of disappointing data releases from the United States.
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Nigeria: Rekindling Hope for a More Robust Economy
April 28, 2016--Nigeria's troubled economy is a source of worry for its managers and citizens.
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Gold gains enliven slow holiday trade on JSE
April 28, 2016--Gold shares have been the big winners on the JSE as the dollar took a hammering on global markets, amid quiet trade with many investors away for a long weekend.
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Rand flat, seen trading sideways rest of the week
April 28, 2016--The rand has been mostly flat against the dollar, with traders and analysts expecting it to drift sideways after the Federal Reserve's latest policy statement.
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