The rand was marginally weaker on Wednesday morning, with few major catalysts to give the market direction.
Much focus is on the UK, where MPS will receive an update on Prime Minister Theresa May’s progress in Brexit negotiations. There may be votes on alternative approaches or amendments, but a vote on whether or not to reject her deal in its entirety is not expected to take place.US Federal Reserve chair Jerome Powell’s testimony before Congress continues on Wednesday, but Powell has failed to deliver any significant surprises.
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