MARKET WRAP: Rand slides on second-wave coronavirus fears

The rand had its worst day in a week on Thursday, in line with other emerging-market currencies, as fears of a second wave of coronavirus infections continues to weigh on riskier assets.

“Expect the rand to remain volatile and highly sensitive to external forces as rising coronavirus cases [in some countries] spark fears of a second wave,” FXMT chief market analyst Hussein Sayed said.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

MARKET WRAP: Sun International leads gains as JSE rises the most in a monthThe US Fed entering the corporate bond market coupled with hopes of an infrastructure package from the White House boosted global equities
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

Business Maverick: Asia Stocks Drop With U.S. Futures; Havens Gain: Markets WrapAsian stocks and U.S. equity futures dropped, while the yen and Treasuries advanced, as optimism over policy stimulus gave way to recovery concerns caused by rising infection numbers in some locations.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

UCOOK's Market Box gives lifeline to small farms and food producersThe UCOOK Market Box has created a way for many small businesses and farmers to sell produce that would ultimately have gone to waste, says CEO David Torr.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »

Market data — June 17 2020Market data including bonds, unit trusts and fuel prices
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

New nuclear generation plan an exercise to test market interestNew nuclear generation plan an exercise to test market interest 🔒
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »