Markets WRAP: Rand closes at R14.23/$-continued

May 16, 2019--TreasuryONE said earlier that the news that US President Donald Trump would delay auto tariffs boosted markets.
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Source: FIN24

AFRICA ETP News
Markets WRAP: The rand closed at R14.03/$
July 12, 2019--The day's range was between R13.89 and R14.04.
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JSE closes flat as it struggles for direction
July 12, 2019--The JSE struggled for direction on Friday eventually closing marginally weaker as it faded towards the close.
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Markets WRAP: Rand closes at R13.93/$
July 11, 2019--The day's range was between R13.85 and R13.99.
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JSE retreats as mining production data disappoints
July 11, 2019--The JSE retreated on Thursday led by losses on the resources index on the back of relatively weak mining production numbers as well as weaker rand metal commodity prices.
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Markets WRAP: Rand closes at R14.07/$
July 10, 2019--The rand closed within a hair's breadth of R14/$.
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Powell's comments inspire stock rally
July 10, 2019--The JSE rebounded to close firmer on Wednesday on the back of broad-based gains across all the major indices.
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Africa Launches Free Trade Pact
July 8, 2019-Africa is about to enter into what could be an era of peace and prosperity with the official launch of a continental trade agreement.
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Markets WRAP: Rand closes at R14.15/$
July 8, 2019--The day's range was between R14.10 and R14.23.
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Resurgence in mining stocks sees JSE close firmer
July 8, 2019--The JSE bucked the trend in other global markets as it closed firmer on Monday, mainly thanks to a rebound in mining stocks.
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Markets WRAP: Rand closes at R14.22/$
July 5, 2019--The local unit ended the day at R14.22/$, having weakened more than 1.5% on US jobs data.
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Markets WRAP: Rand closes at R14.03/$
July 4, 2019--The local unit which opened at R14.04/$, ended the day's session at R14.03/$.
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Resources pull the JSE lower
July 4, 2019--The local bourse recorded another lackluster trading session as the positive momentum from US markets overnight failed to filter into the session.
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Markets WRAP: Rand remains fairly flat to close at R14.08/$
July 3, 2019--The local unit which opened at R14.09/$ ended the day marginally stronger at R14.08/$.
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JSE closes softer as financials struggl
July 3, 2019-The JSE retreated to close softer on Wednesday as it was dragged down mainly by blue-chips on the financials index.
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Markets WRAP: Rand closes at R14.07/$
July 1, 2019--The local unit opened at R14.06/$ on Monday morning, with trade ranging between R14.03/$ and R14.17/$ during the day's session before closing at R14.07/$.
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Stocks rally once again on trade war optimism
July 1, 2019--The JSE began the week on a positive note as it surged along with other global markets after Donald Trump agreed to ease a ban on US companies which trade with Huawei.
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Markets WRAP: Rand closes at R14.12 to the US dollar
June 28, 2019--The rand closed at R14.1198 to the US dollar, R16.0659 to the euro and R17.9457 to the British pound on Friday.
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Strong week for the rand-but keep an eye on Trump, SOEs
June 27, 2019--The rand has shown surprising strength in the past few days, offering market participants an excellent opportunity to buy foreign currency, says an expert at Peregrine Treasury Solutions.
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JSE erases earlier gains as rand rallies
June 27, 2019--The JSE erased earlier gains to close softer on Thursday after a reversal in index heavyweight Naspers as well as most counters on the resources index.
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Markets WRAP: Rand closes at R14.35/$
June 26, 2019--The day's range was between R14.24 to R14.37.
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JSE ekes out gains towards the close
June 26, 2019--Stocks on the JSE struggled for direction on Wednesday as they lacked a catalyst both locally and from international markets.
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Markets WRAP: Rand closes at R14.36/$
June 25, 2019--The rand closed at R14.36/$ on Tuesday
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JSE falls as financials and industrials struggle
June 25, 2019--The JSE fell on Tuesday as losses on the financials and resources indices deepened.
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Markets WRAP: Rand closes at R14.37/$
June 24, 2019--The day's range was between R14.23 and R14.40.
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Financials weigh on JSE
June 24, 2019--The JSE opened the week on the backfoot as it closed weaker, mainly on the back of losses recorded in the financials index.
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Africa's Output Grew by 3.4% in 2018, Afreximbank's Africa Trade Report 2019 Shows
June 21, 2019--Africa's output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, a new report by the African Export-Import Bank (Afreximbank) has shown.
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Markets WRAP: Rand closes at R14.30/$
June 21, 2019--TreasuryONE said earlier that President Cyril Ramaphosa's State of the Nation Address on Thursday evening was, by general concensus, full of dreams but little in the way of detail.
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JSE manages to squeeze gains after muted session
June 21, 2019--In general, global equities slowed down after consecutive sessions of significant gains, with declines stretching from Asia through to Europe.
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Markets WRAP: Rand closes at R14.30/$
June 20, 2019--All eyes will now be on President Cyril Ramaphosa's State of the Nation Address later tonight.
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Rand, JSE firmer ahead of SONA
June 20, 2019--The JSE closed firmer on Thursday on the back of broad-based gains across most global equity markets.
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Markets WRAP: Rand closes at R14.53/$
June 19, 2019--The rand closed at R14.53/$ on Wednesday.
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Coping with Falling Oil Prices: The Different Fortunes of African Banks
June 17, 2019--Summary:
This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset quality and liquidity;
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