Rand range-bound as market eyes US-China talks

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

US President Donald Trump is expected to meet Chinese Vice-Premier Liu He later on Thursday amid speculation a deal is close

The rand was marginally weaker against major global currencies on Thursday morning, but is expected to trade in tight ranges, as the market awaits developments in the US-China trade talk.

Global markets were treading water, analysts said, but the rand continues to find some support from the recent decision by Moody’s Investors Service to hold off on SA’s credit-rating review.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks hit six-month highSigns of progress in US-China trade talks and decent factory activity data from China and the US has lifted investor sentiment
Source: BDliveSA - 🏆 12. / 63 Read more »