#RandReport: Rand eases further on budget worries, stocks bounce

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RandReport: Rand eases further on budget worries, stocks bounce

 

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#RandReport: Rand retreats from 3-month high, stocks fall
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#RandReport: Rand, stocks swept up in EM rallyAt 1530 GMT the rand was 0.83% firmer at 14.2800 per dollar, a little softer than a session-best 14.2575 that brought key resistance mark within touching distance.
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#RandReport: Rand rallies, stocks stumble as BAT sinks
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#RandReport: Rand and stocks on the back foot ahead of G20 summitThe rand was trading at 13.7725 per dollar by 1503 GMT, 0.84% weaker than its New York close of 13.6575.
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#RandReport: Rand firms; Clover shines in flat stock marketThe focus now turns to Wednesday’s budget speech by new Finance Minister Tito Mboweni and the September CPI data.
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#RandReport: Rand firms in line with emerging markets, stocks riseAt 1500 GMT, the rand traded at 13.8500 per dollar, 0.05% firmer, having closed on Friday at 13.8575.
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#RandReport: Rand weakens on risk aversion; stocks riseAt 1500 GMT the rand traded at 13.9675 per dollar, 0.4% weaker than its New York close of 13.9125.
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#RandReport: Rand weakens on subdued risk sentiment; stocks tumbleAt 1517 GMT, the rand was 0.77% weaker at 14.1425 to the dollar, compared to a close of 14.0350 in New York.
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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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