“Violence might ease in Hong Kong, but the protests are likely to continue until we see the other four demands met: Beijing's accepting Lam’s resignation, an inquiry into police brutality, the release for those who have been arrested and more democratic freedoms,” senior market analyst at Oanda Edward Moya said.
The rand broke below R15/$ on Wednesday, its best level since August 7, as markets reacted to better-than-expected second quarter GDP released on Tuesday. SA's economy grew 3.1% in the second quarter from a revised contraction of 3.1% in the first quarter. The JSE all share rose 0.3% to 54,907.20 points and the top 40 lifted 0.32%. Industrials gained 1.15% while gold miners dropped 5.09%.
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