MARKET WRAP: Rand extends losses as risk sentiment wanes

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

대한민국 뉴스 뉴스

The rand is likely to remain volatile as markets await the medium-term budget; the rescue plan for Eskom; and a credit-ratings review from Moody’s

The rand extended losses on Tuesday as investors remain uncertain about the trajectory of the US-China trade war and global economic growth.

This followed reports that China wants to hold another round of talks before signing the “phase one” trade agreement with the US. “Easing US policy creates the space for looser policy in emerging-market economies, which will be conducive to domestic growth. For SA, however, the problem of restarting sustainable economic growth is more unique — looser monetary policy by the Reserve Bank [alone] will struggle to deliver growth,” Monex Europe analyst Simon Harvey said.

The Dow was up 0.91% to 27,032.36 points. In Europe, the FTSE 100 was flat while France’s CAC 40 added 1.43% and Germany’s DAX 30 1.5%.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

MARKET WRAP: JSE closes lower as trade war optimism fadesThe rand was still the best performing emerging-market currency over the past five days after hitting a three-week high on Friday
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Global market stocks rise on cautious Brexit deal hopesSentiment remains fragile due to US-China trade war uncertainties
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

WATCH | Is Africa a neglected market?SPONSORED | A panel of experts from SantamInsurance discuss insurance in Africa.
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Sanlam taps into the stokvel marketInsurer sets out to formalise traditional sector
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Market data - October 14 2019Market data including bonds, unit trusts and fuel prices
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

MARKET WRAP: JSE closes lower as trade war optimism fadesThe rand was still the best performing emerging-market currency over the past five days after hitting a three-week high on Friday
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »