Rand slips back over R12/$ again ?-continued

February 2, 2018--The rand has weakened somewhat, crossing back over the R12/$ threshold on Friday morning.

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Source: FIN24

AFRICA ETP News
JSE joins global slide as US announces tariffs on China
June 15, 2018--Global markets, including the JSE, retreated on Friday after the USA announced tariffs on $50bn worth of Chinese goods and services.
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Nigerian Stock Market Index Drops By 0.40%
June 14, 2018--Trading activities dropped on the Nigerian Stock Exchange (NSE) on Wednesday after two consecutive days of growth, with the All-Share Index reducing 0.40 per cent.
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Pressure mounts on JSE and other emerging markets as US raises rates
June 14, 2018--The JSE barely managed to close firmer on Thursday, as it trended mostly lower along with other emerging market economies.
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Rand 'smiling' as it gains 1% against dollar after Fed interest rate hike
June 14, 2018--The rand's strength was due to greater market certainty after the US Federal Reserve announcing a widely expected interest rate hike, say analysts.
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Rand hedges lift the JSE
June 13, 2018--The JSE rose on Wednesday as rand hedges lifted the local bourse due to the weaker rand.
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JSE mildly firmer amid indecision on the Trump-Kim summit
June 12, 2018--The JSE closed firmer on Tuesday as global markets were undecided on the implications of the meeting between Donald Trump and the North Korean leader.
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Rand weakens in early trade as markets await Fed, ECB meetings
June 12, 2018--The rand lost 0.4% against the dollar on Tuesday morning, as emerging markets awaited the outcomes of meetings by the US Federal Reserve Bank and the European Central Bank.
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IMF-Mission Concluding Statement-South Africa
June 12, 2018--A challenging outlook
South Africa's potential is significant, yet growth over the past five years has not benefitted from the global recovery. The economy is globally positioned, sophisticated, and diversified, and several sectors-agribusiness, mining, manufacturing, and services-have capacity for expansion
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Markets flat after muted trading session
June 11, 2018--The JSE closed flat on Monday after a relatively muted trading session.
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Rand would be at R17/$ without Ramaphosa at the helm-Investec's Annabel Bishop
June 11, 2018--The rand has been weakening over the past week, but the exchange rate would have been markedly worse without the 'Ramaphosa Presidency effect'.
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Rand tumbles as emerging markets sell-off continues
June 8, 2018--The JSE closed weaker on Friday, as emerging market currencies led by the rand tumbled against the greenback.
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Rand slumps 4% against dollar in two days
June 8, 2018--Rand losses over the past two days underline how quickly emerging market currencies can unwind in unfavourable conditions, according to analysts.
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Rand takes a knock as JSE closes in the green
June 7, 2018--The JSE closed firmer for a second consecutive session as rand hedge stocks extended their gains on the back of a weaker local unit.
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Rand continues GDP--induced losing streak
June 6, 2018--The rand has continued its losing streak, trading above R12.80 to the US dollar following disappointing local GDP data.
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Local stocks slide as SA GDP disappoints
June 5, 2018--The JSE was dragged lower on Tuesday, as South African GDP data released by Statistics SA missed most analysts' expectations.
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Rand falls as weak GDP data catches market off guard
June 5, 2018--The local currency lost 12c to the dollar after Stats SA announced that SA's quarter-on-quarter GDP had fallen by 2.2%.
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South Africa suffers worst quarterly contraction in almost a decade
June 5, 2018--South Africa's economy suffered its biggest quarterly contraction in almost a decade in the first three months of the year, underlining the daunting challenge confronting president Cyril Ramaphosa's bid to..
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Nigeria: Stock Market Bleeds On Political Uncertainties
June 4, 2018--Concerns over the upcoming 2019 general election as well as the cautious stand adopted by Foreign Portfolio Investors, FPIs, and other domestic portfolio managers over the unfolding political events in the country have resulted in a huge loss of N2.35 trillion to equity investors in the last four months.
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JSE up in line with global markets
June 4, 2018--The JSE was lifted on Monday as global markets responded positively to Friday's upbeat US jobs report.
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SA last in emerging-market scorecard on current account, foreign reserve woes
June 2, 2018--SA is the biggest loser among 21 developing economies in an analysis based on a range of metrics, including forecasts for GDP and current account, sovereign ratings as well as stock and bond valuations.
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JSE closes firmer as global stocks rise amid Italian coalition deal
June 1, 2018--The JSE was lifted on Friday, mainly due to the resurgence in global stocks amid the resumption of coalition talks in Italy.
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Rand dips slightly as positive US economic data boosts dollar
June 1, 2018--The rand stood firm, dipping slightly in the wake of the release of better-than-expected US economic data.
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JSE rallies as Italy crisis fears subside
May 31, 2018--The JSE rebounded to close firmer on Thursday as it followed the trend in other global markets, as investors found relief in the possibility of a solution to the Italian crisis.
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JSE subdued as global equities remain on edge
May 30, 2018--The JSE has recorded another session of losses, as global equities continued to trade weaker in the light of the political crisis in Italy.
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Volatile rand makes up for losses; gains 1%
May 30, 2018--The rand gained back some ground in early trade, with analysts forecasting a day of 'jittery' trade.
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JSE closes weaker after dormant session
May 29, 2018--The JSE closed softer on Monday, following a rather dormant trading session as it struggled to find a catalyst for direction due to the closure of US and UK markets for a public holiday.
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Rand feels pain as Italy crisis pounds euro
May 29, 2018--The rand slumped almost 2% on Tuesday, tracking a bruised euro, which extended losses as political uncertainty in Italy stoked fresh fears about the eurozone.
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Rand up slightly in early trade as US breaks for Memorial Day
May 28, 2018--The rand gained 0.4% in early trade, in the wake of ratings agency S&P choosing to keep SA's sovereign credit rating unchanged on Friday night.
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5 reasons why SA is still junk status, according to S&P
May 26, 2018--Global ratings agencies S&P acknowledges the reforms being undertaken by President Cyril Ramaphosa's administration but flagged "considerable" challenges to improving the country's financial position.
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RAND ANALYSIS: What next for unit as it hits worst level of 2018?
May 25, 2018--Volatility is nothing new to the rand but considering the calm there has been since the start of 2018, this has been quite a thump back to reality for some, says James Paynter.
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Cryptos are tokens, not currency, says SARB
May 25, 2018--The South African Reserve Bank chooses to call digital currencies such as Bitcoin "cyber-tokens" because they don't meet the requirements to be classified as money.
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JSE down amid global jitters on Trump's China trade remarks
May 23, 2018--The JSE closed weaker on Wednesday, as it followed the trend in global equities which pulled back after President Donald Trump's comments on China trade talks.
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JSE loses steam to end the day in the red
May 24, 2018--The JSE closed softer on Thursday after the local bourse failed to grasp onto its earlier gains.
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Nigeria's GDP Per Head To fall For 8 Straight Years-IMF
May 24, 2018--Nigerians will see their real income per head fall every year until at least 2023, according to forecasts by the IMF, a potentially painful squeeze for a country with per capita gross domestic product of just $1,994.
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Rand runs as Turkey props up lira with massive emergency rate hike
May 23, 2018--The rand is expected to continue the claw-back of gains made following an improvement in risk sentiment late last week.
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Nigeria:Investors Lose N100 Billion in Three Trading Days
May 23, 2018--The dominance of the bears remains unabated in the equity sector of the Nigerian Stock Exchange (NSE), following continued price losses by virtually all the blue chip stocks as investors' wealth depreciated by N100 billion in three trading days.
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JSE closes firmer after erasing earlier losses
May 22, 2018--The JSE closed firmer on Tuesday despite briefly trading in the red after opening, with bankers and retailers in particular benefiting from the firmer rand.
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Rand at its 'unpredictable best' as it strengthens 1%
May 22, 2018--The local currency started the day on a stronger footing as the dollar receded somewhat from recent highs.
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JSE closes flat after erratic session as rand takes a beating
May 21, 2018--The JSE closed flat on Monday after a volatile trading session, which could largely be attributed to the rand's significant weakening against the greenback to a new five-month low.
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Rand is back to its bad old ways
May 21, 2018--After outperforming emerging-market peers for much of the year, the rand is now falling as the dollar strengthens.
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