Rand yo-yos in early trade as emerging markets on the back foot-continued

September 17, 2018--The rand had a yo-yo session in early trade on Monday morning, briefly breaking through R15/$ shortly after 09:00.
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Source: FIN24

AFRICA ETP News
Markets LIVE: Rand breaks above R14/$ on back of load shedding, strong dollar
February 14, 2019--The local currency was trading at 14.0600 on Thursday morning, taking hits from Eskom, poor local retail sales data and a stronger dollar.
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Local bourse closes flat as rand weakens
February 14, 2019--The US dollar did retreat after the release of US retail sales data which came in worse than anticipated, but this did not result in significant strengthening for the rand and other emerging market currencies. The rand was trading 0.84% weaker at R14.18/$ at 17:00.
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IMF Departmental Papers -FinTech in Sub-Saharan African Countries: A Game Changer?
February 14, 2019--Summary:
FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry.
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JSE edges higher as trade talk optimism continues to lift global stocks
February 13, 2019--The JSE records gains as it tracks other buoyant global markets.
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Markets WRAP: Rand closes at R13.76/$
February 12, 2019--Andre Botha, Senior Dealer at TreasuryONE said, "The rand stepped on the proverbial banana peel yesterday, as it slipped back to the R13.80 levels against the US dollar."
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Nigeria's GDP Grows By 2.38% in Q4 2018
February 12, 2019--The Nigeria's Gross Domestic Product, GDP grew by 2.38 percent in real terms (year on year) in the fourth of 2018, the National Bureau of Statistics, NBS has said.
In its quarterly report released on Tuesday, the bureau said the growth represents an increase of 0.27% points, when compared to the fourth quarter of 2017, which recorded a growth rate of 2.11%.
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JSE inches higher as Chinese markets reopen
February 11, 2019--Concerns still linger around global economic growth which has resulted in demand for less riskier assets such as bonds and the US dollar surging.
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Markets WRAP: Rand closes at R13.77/$
February 11, 2019--TreasuryONE said earlier that emerging market currencies started the day on the back foot and that the rand was likely to come under pressure.
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AFDB-African Economic Outlook 2019
February 11, 2019--This year's African Economic Outlook from the African Development Bank shows that the continent's general economic performance continues to improve.
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Markets WRAP: Rand ends at R13.58/$
February 8, 2019--At 17:00 on Friday the local currency was trading 0.2% stronger against the dollar.
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JSE retreats as US-China trade talks stall
February 8, 2019--The lack of progress with the US-China trade talks further heightened investors' concerns on Friday which led to most global stock indices trading weaker.
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Africa: Continent's Free Trade Zone Is 'On Course'
February 8, 2019--Africa is trading-just not within the continent. The African Union wants to change this and launch the world's largest free trade area. The plan has potential, but some member states are keeping the AU in suspense.
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Markets WRAP: Rand closes at R13.62/$ ahead of SONA
February 7, 2019--TreasuryONE said earlier that emerging market currencies started the day on the backfoot
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Upbeat global sentiment continues to lift the JSE
February 6, 2019--The JSE advanced on Wednesday as global markets remained upbeat on the back of a corporate earnings releases out of the US.
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Markets WRAP: Rand closes at R13.51/$ as all eyes turn to SONA
February 6, 2019--All eyes now turn to President Cyril Ramaphosa who will deliver his State of the Nation address tomorrow evening.
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JSE breaks losing streak
February 5, 2019-The JSE closed firmer on Tuesday as it took a leaf from European and US equities which were buoyant on the back of good corporate earnings out of the US.
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Markets WRAP: Rand closes at R13.42/$
February 5, 2019--TreasuryONE's Andre Botha said earlier, "We have seen the rand trading in tight ranges as the market is taking a bit of a breather in anticipation of the two State addresses from the US and South Africa respectively this week."
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Nigeria: Stock Market Investors Lose Over N3tr to Political Intrigues
February 4, 2019--Alleged political intrigues ahead of the 2019 elections have taken a severe toll on the nation's stock market, causing investors to lose over N3.43 trillion in nine months of persistent decline.
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JSE weaker as rand retraces
February 4, 2019--The JSE started the week on the backfoot as it closed weaker mainly on the back of losses recorded in financials.
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Markets WRAP: Rand closes at R13.39/$
February 4, 2019--Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions said earlier that the local currency opened slightly weaker than Friday, starting the day at R13.33/$.
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JSE closes softer as global markets remain tentative
February 1, 2019--The JSE closed softer on the back of broad-based weakness across most of the local bourse's major indices.
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Markets WRAP: Rand closes at R13.37/$
February 1, 2019--"The rand flirted with the R13.20 level at one stage which meant the rand strengthened by R1.40 in January," says TreasuryONE''s Andre Botha.
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JSE relinquishes earlier gains as blue-chips pull back
January 31, 2019--The JSE struggled to maintain its momentum on Thursday as losses in rand hedges and miners weighed on the bourse.
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Rand closes at R13.28/$
January 31, 2019--The rand has continued to firm against major currencies.
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JSE advances as global stocks eye US-China trade talks
January 29, 2019--The JSE closed firmer on Tuesday, mainly on the back of advances recorded in rand hedges and miners.
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Markets WRAP: Rand closes at R13.61/$
January 29, 2019--Andre Botha, Senior Dealer at TreasuryONE said earlier that the markets saw a mixed bag in early
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JSE closes softer after muted session
January 28, 2019--A relatively flat trading session ensued on the JSE, but it eventually it closed softer as it tracked other global indices lower.
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Markets WRAP: Rand closes at R13.68/$
January 28, 2019--The rand, along with other emerging currencies, started the day firmer in early trade. Meanwhile the rand's flying start to 2019 may be just the beginning, says Goldman Sachs.
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Rand claws back losses, steadily approaching R13.60/$
January 25, 2019--The rand opened at R13.72/$ on Friday morning, and strengthened as much as R13.67 to the greenback in early morning trade.
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Firmer close for the JSE as rand advances
January 25, 2019--The JSE has closed the week on a positive note as it closed firmer mainly on the back of gains in resources and financials
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Markets WRAP: Rand closes at R13.75/$
January 24, 2019--The rand closed at R13.75/$ on Thursday.
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JSE closes weaker as index heavyweights remain subdued
January 23, 2019--The JSE has closed weaker as blue chips weighed down on the index.
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Rand closes at R13.85/$
January 23, 2019--The rand closed at R13.85/$ on Wednesday.
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South Africa Economic Update: Increasing South Africa's Tertiary Enrollment Requires Rebalancing Resources
January 22, 2019--While South Africa's new education policy aims to equip poor and working-class citizens with the skills needed for today's job market, the latest economic update for the country shows that its implementation could negatively affect the national budget.
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Rand closes at R13.89/$
January 22, 2019--Emerging currencies are expected to take strain this week; Investec bumps Sibanye shareholding above 5%.
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Rand hedges lift the JSE
January 21, 2019--The JSE has managed to close firmer mainly on the back of rand hedge stocks which advanced due to a softer rand.
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JSE buoyed by global risk on sentiment
January 18, 2019--JSE tracked other global markets on higher trading as the risk on sentiment persisted.
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Rand ends week at R13.79/$
January 18, 2019--The rand lost 0.5% against the greenback on Friday, but still ended the week slightly stronger that it started it on Monday.
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Markets WRAP: Rand closes at R13.70/$, while stocks struggle on Brexit developments
January 17, 2019--The rand ended the day at R13.70/$, while British Prime Minister Theresa May is set to face a no-confidence vote in UK Parliament.
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African Economic Outlook 2019: Africa growth prospects remain steady, industry should lead growth
January 17, 2019--Africa's general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020. But improved macroeconomic and employment outcomes require industry to lead growth, according to the 2019 African Economic Outlook report, launched today by the African Development Bank.
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JSE closes weaker as retailers flag lower festive season sales
January 17, 2018--Trading updates from Mr Price and Woolworths reflected lower than expected sales volumes during the December holidays.
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JSE mildly firmer as global stocks shrug off Brexit vote
January 16, 2019--On the local front there was disappointment as mining production data for November reflected a significant contraction.
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