The emerging market space has done well this year, so far – TreasuryONE’s Andre Cilliers
After the second quarter results, emerging market currencies had their best three months against the US dollar in seven years.
South African rand
Rand strengthens: What’s next? In-depth insights from currency strategist Andre Cilliers of TreasuryONE
Investors want higher interest rates – but they aren’t coming. That has implications for the value of currencies in relation to the USD, including the rand.
đź”’ Alec Hogg: Beware the allure of the one-way bet
Alec Hogg shares his rational perspective on one-way bets and how they rarely turn out that way, as shown by the performance of the Rand to the US dollar…
Rand on the charge, tops EM currency gains – breaches 15/dollar
The rand headed for its biggest gain against the dollar in more than two months as a combination of positive local economic data and a global risk-off mood enticed investors to the country’s high-yielding bonds.
The ‘Mabuza Effect’ upsets the rand; countering ‘Ramaphoria’
When David Mabuza appeared to rule himself out of being re-appointed as deputy president last week, the rand gained. And now that he seems set to be re-appointed to the post, the currency is heading the other way.
Rand, bond levels signal investor anxiety over #Elections2019
South African assets are signalling increasing investor anxiety about Wednesday’s election, with the fate of the rand and government bonds tied to the extent of the ruling African National Congress’ expected majority and what that implies for policy.
What’s next after rand wild ride on Budget day? Watch Eskom, say analysts
A rescue plan for embattled power utility Eskom calmed traders’ nerves as it appeared to avert a South African credit-rating downgrade from Moody’s.
Some Zimbabweans want SA rand as currency
Zimbabwe should adopt South Africa’s rand as its currency, one of a series of fundamental reforms needed to restore economic stability in the country, former Finance Minister Tendai Biti said.
Rand volatility falling ahead of elections, budget speech
The rand’s flying start to 2019 may be just the beginning, according to Goldman Sachs Group.
Expect a more volatile rand, shaky EM markets in 2019 – analysts
Gains in emerging markets since the start of the year failed to make UBS and Citigroup any less bearish as they saw new risks arising and weakening the chance of 2016- or 2009-style rebound.