Rand a little firmer as market eyes US-China trade war

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The rand weakened on Sunday after US President Donald Trump threatened to tariffs on Chinese imports, although local focus is on the elections

The rand was slightly firmer on Monday morning, recovering from some weekend losses after hopes of a US-China trade deal receded a little.

Although this could just be another negotiating tactic from Trump, markets do not like being caught by surprise, hence the risk-off frenzy at the weekend, said London Capital Group head of research Jasper Lawler.

 

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 BUSÄ°NESS

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.

Rand weaker after US Federal Reserve holds lending rates, stocks gainThe US Federal Reserve on Wednesday held interest rates steady and signalled little appetite to adjust them any time soon. This is worrying
Source: ewnupdates - 🏆 30. / 53 Read more »