#RandReport: Rand, stocks swept up in EM rally

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RandReport: Rand, stocks swept up in EM rally

 

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#RandReport: Rand inches lower on risk aversion, stocks fallAt 1555 GMT the rand was 0.14% weaker at 14.4900 per dollar, a touch softer that its session best of 14.3500 reached in earlier as hopes of a de-escalation in the Sino-US tariff war spurred some buying. Almost like putting a frog in cold water and then turning up the heat.
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#RandReport: Rand lifted by Brexit chaos, stocks inch upAt 1530 GMT the rand was 0.96% firmer at 14.2475 per dollar, stretching gains after opening trade at 14.3500.
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