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Rand gains ahead of GDP dataThe rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina. Based purely on personal anecdotal evidence and not research, I don't think it will show we pulled out of the recession of the last 2 quarters...
Source: ewnupdates - 🏆 30. / 53 Read more »
Markets LIVE: Rand firms on news that SA is out of recessionThe rand firmed by more than 1% on the news that SA was out of recession on Tuesday morning. It doesn’t matter because I’m still in recession.. Out of a recession straight into darkness. But we borrowed soo much money..
Source: News24 - 🏆 4. / 80 Read more »
SA's manufacturing output jumps, boosting rand - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa’s manufacturing output rose more than expected in October to its highest level since June 2016, data showed on Tuesday, lifting the rand as the economy showed further signs of recovering from recession. In preparation for festive season sales perhaps? Let's wait for a trend before we get excited.
Source: SABC News Online - 🏆 32. / 51 Read more »
MARKET WRAP: JSE inches higher after bullish GDP numbersPositive local GDP data and a firmer rand failed to lift banks, but retailers and gold miners found favour despite a risk-off tone on global markets
Source: BDliveSA - 🏆 12. / 63 Read more »
#RandReport: Rand gives up earlier gains, stocks firmStocks were firm but pared some of Monday’s gains following the trade war truce between the US and China as investors awaited detail.
Source: ewnupdates - 🏆 30. / 53 Read more »