MARKET WRAP: Rand and bonds gain despite improved US jobs numbers

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The US added 531,000 new jobs in October, from an expected 450,000, data released on Friday showed

The rand extended gains even after the US added more jobs than expected in October, while political parties continued jockeying for positions in coalition governments after the local elections.

Bonds also remained on the front foot on Friday after yields, which move inversely to the price, raced up to their worst levels since July 2020 earlier in the week on concerns ahead of the latest policy meeting of the US Federal Reserve...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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 İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I just wanna say a big thank you to Dennismayson9 I was nobody until a friend of mine introduced me into investing with you, Since then it's been nothing but financial 💰 Success for me. I will invite my friends and family into your company Dennismayson9 you are the best💯🤞

Ireland Ireland Latest News, Ireland Ireland Headlines

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

MARKET WRAP: Fed’s taper plan proves positive for the randUS central bank’s signal that it isn't in a hurry to hike rates bolsters currencies in emerging markets because they offer relatively higher returns for offshore investors
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE shines as Fed prepares statementRand weakness persists as Fed is expected to announce a reduction of monetary policy support, supporting the dollar
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Steven Schultz from Momentum
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Steven Schultz from Momentum
Source: BDliveSA - 🏆 12. / 63 Read more »

Brazil stock market bottom attracts bargain huntersCollapse that has driven Ibovespa to the world’s worst losses in 2021 has started drawing in foreign buyers
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Graeme Franck from PSG Wealth Sandton Grayston
Source: BDliveSA - 🏆 12. / 63 Read more »