| CURRENCIES |
Not much SA can do to tame rand ![]() 2010-09-08 15:00:01 There is not a lot that South Africa can do to curb rand appreciation, says Bank of America Merrill Lynch analysts. [Full Story...] 0 Comments Rand sags, market eyes rate call ![]() 2010-09-08 09:51:01 South Africa's rand was a touch softer against the US dollar and could stay on the defensive ahead of an anticipated interest rate cut the next day to help boost the domestic economy. [Full Story...] 0 Comments Capital inflow tax won't work - Kganyago ![]() 2010-09-07 17:39:01 Taxing short-term foreign capital inflows in an effort to weaken South Africa's rand will not work. [Full Story...] 0 Comments Rand weaker vs US dollar, stock futures lower ![]() 2010-09-07 09:07:01 South Africa's rand weakened against the dollar in early trade on Tuesday as investors priced in a rate cut later in the week, and risk aversion weighed, while stock futures pointed to a lower open. [Full Story...] 0 Comments US stocks surge, investors upbeat 2010-09-04 07:22:01 US stocks posted gains on Friday as investors were cheered by a better-than-expected monthly report on the unemployment situation. [Full Story...] Rand hits new 2-1/2 year high vs dollar ![]() 2010-09-03 15:06:01 South Africa's rand advanced more than one percent against the US dollar, piercing through key technical levels that saw it hit its strongest levels since early 2008. [Full Story...] 4 Comments Global crisis drives investors to forex 2010-09-02 05:47:01 The global economic crisis has driven investors to the forex markets where turnover has soared to a staggering four trillion dollars a day. [Full Story...] JSE loses 600 points on global nervousness ![]() 2010-08-25 18:08:01 A weak global backdrop sent the JSE packing by 600 points. [Full Story...] 0 Comments Euro firms vs US dollar after strong German report ![]() 2010-08-25 12:35:01 The euro is up against the dollar after a key German economic report showed increasing confidence in Europe's biggest economy. [Full Story...] 0 Comments Rand edges up vs US dollar, stock futures down ![]() 2010-08-25 09:30:01 South African government bonds firmed, extending the previous session's rally as foreign inflows boosted the fixed income market. [Full Story...] 0 Comments Rand softer against dollar, GDP in focus ![]() 2010-08-24 09:47:01 South Africa's rand weakened slightly against the US dollar ahead of GDP data expected to show a slowdown in second quarter growth, which might prompt another interest rate cut this year. [Full Story...] 0 Comments Rand awaits Old Mutual acquisition detail ![]() 2010-08-23 09:36:01 The rand was firm and is expected to be boosted further after Old Mutual confirmed that it had received a proposal from HSBC to acquire a controlling stake in Nedbank. [Full Story...] 0 Comments Rand firmer after Nedbank/HSBC news ![]() 2010-08-23 09:16:01 South Africa's rand firmed slightly against the US dollar, supported by sentiment-boosting news of plans by HSBC to buy up to 70 percent of local lender Nedbank. [Full Story...] 0 Comments Euro trading near month lows ![]() 2010-08-23 09:16:01 The 16-nation euro is trading at month lows versus the US dollar as fears of a slowdown in global growth continue to support the American currency. [Full Story...] 0 Comments Rand edges down, shares open higher ![]() 2010-08-19 09:26:01 South Africa's rand fell against the US dollar in early trade while staying in its recent trading range, and the stock market opened higher. [Full Story...] 0 Comments SA's rand stable vs US dollar, stock futures down ![]() 2010-08-18 09:04:01 South Africa's rand was steady against the dollar in early trade, moving in a tight range ahead of June retail sales data seen as key to the Reserve Bank's interest rate decision early next month. [Full Story...] 0 Comments No quick fix for Fannie, Freddie seen from meeting ![]() 2010-08-17 11:38:01 The Obama administration will pick the brains of housing finance leaders on how to fix Fannie Mae and Freddie Mac, but made one thing clear: there is no going back to their pre-crisis structure. [Full Story...] 0 Comments SA miners gain on metals prices ![]() 2010-08-17 11:26:01 South African mining stocks rise, tracking firmer commodity prices with gold holding near its strongest level in more than a month. [Full Story...] 0 Comments Rand remains firm despite global woes ![]() 2010-08-16 09:13:01 The rand remained firm despite worrying news on the international front in the form of lower than expected Japanese GDP data. [Full Story...] 0 Comments Asian shares down on growth fears; yen off peaks ![]() 2010-08-12 09:23:01 Asian stocks slid to a near three-week low on growing doubts about global economic growth that also helped the dollar cling to its gains after it scored its biggest rise in nearly two years. [Full Story...] 0 Comments |







