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Asian stocks follow Wall Street higher

by Anas Siddiqui
Asian stocks follow Wall Street higher

Reuters: South Africa’s rand slipped against the dollar on Wednesday as a drop in domestic inflation did little to prop up the currency ahead of an interest rate decision by …

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Dollar stays on the back foot as traders look to Fed for cut clues

by Anas Siddiqui
Dollar stays on the back foot as traders look to Fed for cut clues

Reuters: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion of a Federal Reserve policy meeting and clues on when the …

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South African rand was weaker ahead of data-filled week

by Anas Siddiqui
South African rand was weaker ahead of data-filled week

Reuters: The South African rand was weaker in early trade on Monday ahead of a week jam-packed with both local and global economic data releases. South African rand was weaker …

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South African rand gained; Nikkei slides as rate hikes loom

by Anas Siddiqui
South African rand gained; Nikkei slides as rate hikes loom

Reuters: The South African rand gained on Thursday on increasing bets that the U.S. Federal Reserve might implement interest rate cuts early next year. South African rand gained At 1506 …

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South African rand firmed: Euro near three-week low

by Anas Siddiqui
South African rand firmed: Euro near three-week low

Reuters: The South African rand firmed on Wednesday after subdued U.S. labour data boosted bets that the Federal Reserve was done hiking interest rates and might start easing its monetary …

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South African rand was weaker ahead of busy U.S. data week

by Anas Siddiqui
South African rand was weaker ahead of busy U.S. data week

Reuters: The South African rand was weaker in early trade on Monday against a stronger dollar ahead of a data-filled week both locally and abroad. South African rand was weaker …

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Dollar held tight as Fed rate cut bets strengthen

by Anas Siddiqui
Dollar held tight as Fed rate cut bets strengthen

Reuters: The dollar helt tight on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could …

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Treasury yields climb with rates in focus

by Anas Siddiqui
Treasury yields climb with rates in focus

Reuters: MSCI’S global stock index rose on Thursday while the Dow closed at its highest level since mid-January 2022, and bond yields and the dollar gained after Federal Reserve officials …

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South African rand lifted by talk of Fed rate cuts

by Anas Siddiqui
South African rand lifted by talk of Fed rate cuts

Reuters: The South African rand lifted on Wednesday after a U.S. Federal Reserve official flagged a possible interest rate cut in the coming months, while the local central bank said …

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Dollar sank to new lows, headed for the biggest monthly drop in a year

by Anas Siddiqui
Dollar sank to new lows, headed for the biggest monthly drop in a year

Reuters: The U.S. dollar sank to its lowest in more than three months on Tuesday as investors continued to take the view that growth in the world’s largest economy is …

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