Home Tags Africa

Tag: Africa

South Africa’s rand firms; Clover shines in flat stock market

JOHANNESBURG: South Africa’s rand firmed on Friday, tracking a broad rally in emerging markets, as investors awaited the new finance minister’s medium-term budget speech...

South African rand follows Asian currencies firmer

JOHANNESBURG: South Africa’s rand firmed in early trade on Friday, in line with most emerging Asian currencies as Beijing pledged more policy support to...

AFRICA-FX-Kenyan and Tanzanian shillings to hold steady, Ghana’s cedi to strengthen

NAIROBI: The Kenyan and Tanzanian shillings are expected to hold steady in the next week to Thursday, while Ghana’s cedi and the Ugandan shilling...

South Africa’s rand retreats due to hawkish Fed, mining data ahead

JOHANNESBURG: South Africa’s rand retreated early on Thursday after minutes from the US Federal Reserve’s September meeting struck a hawkish tone, draining some of...

South Africa’s rand firmer on risk sentiment rally, stocks falter

JOHANNESBURG: South Africa’s rand firmed on Wednesday as a jump in domestic retail sales and a global return of risk sentiment helped the currency...

EU wheat slips with Chicago as export lull continues

PARIS: European wheat futures fell on Wednesday to their lowest in almost two weeks, pressured by weakness in Chicago and a dearth of short-term...

US earnings brighten mood for emerging stocks, FX subdued

Emerging market stocks hit one-week highs on Wednesday as a strong start to the US corporate earnings season encouraged investors globally to take on...

Shanghai copper slips for 2nd day on lukewarm trade

BEIJING: Shanghai copper extended losses into a second session on Wednesday, curbed by tepid spot trading amid increasing stockpiles at the futures exchange.Stocks of...

Swiss lose competitiveness crown to U.S. in revamped global rankings

© Reuters. FILE PHOTO: U.S. President Donald Trump attends...

South Africa’s rand firms as investors chase riskier assets, stocks up

JOHANNESBURG: South Africa’s rand firmed against a softer dollar on Tuesday, its strongest since the start of the month, in line with other emerging-market...