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Rand eases, global tensions drive uncertainty
August 11, 2014--The rand has weakened slightly against the dollar as political tensions in Ukraine continued
to drive global risk aversion.
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Source: FIN24
Abil slides but MTN takes JSE higher
August 8, 2014--South African stocks have recovered from earlier losses after better-than-expected US economic data,
with MTN leading the risers.
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Source: FIN24
Rand steady, may soften on risk aversion
August 8, 2014--The rand has traded in a narrow range against the dollar but could weaken into the weekend as
political turmoil in Russia drains appetite for risky assets.
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Source: FIN24
African Bank crisis knocks SA stocks
August 7, 2014--Stocks on the JSE have fallen a second straight session as the price of African Bank Investments
plunged further.
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Source: FIN24
Rand weighed down by growth worries
August 7, 2014--The rand has hovered close to the four-and-a-half week trough against the dollar,
impacted by the political crisis in Ukraine and worries about domestic growth.
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Source: FIN24
Rand firms marginally, bonds mixed
August 6, 2014--The rand has picked up against the dollar, but remains at the weaker end of a recent trading range
that could be tested if factory data are weaker than expected.
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Source: FIN24
Rand firms marginally, bonds mixed
August 6, 2014--The rand has picked up against the dollar, but remains at the weaker end of a recent trading range
that could be tested if factory data are weaker than expected.
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Source: FIN24
Rand falls after weak July PMI
August 5, 2014--The rand has fallen by almost 1% against the greenback,
threatening to break out of a recent range after the release of weak Purchasing Managers Index numbers.
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Source: FIN24
Nigeria: Investment Drive Threatened As Confidence Index Drops-LCCI
August 4, 2014--Lagos Chamber of Commerce and Industry, LCCI, yesterday, painted a gloomy picture of Nigeria's investment drive, saying business leaders are reluctant about expanding their investment over the next few months.
In a statement, the LCCI said business leaders are largely pessimistic about the state of the economy following the drop of the aggregate Business Confidence Index, BCI from 19.4 per cent it posted in the second quarter 2014 to 14.3 per cent.
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Source: allAfrica.com
JSE rebounds on bargains
August 4, 2014--South African stocks have ended higher
although traders say the main indices may have limited upside momentum.
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Source: FIN24
