Daily Dose

Yesterday the rand had a reasonably quiet day, although it traded with a weaker bias throughout. After the JHB close, when US equity markets started looking wobbly, the rand did trade at a high of 16.16, before tracking lower in early morning trade.

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Daily Dose

The rand had a rather inconclusive day yesterday, showing some signs of strength but ultimately not doing enough to hold off the US dollar as it finished above the 16.00 level. The market sentiment is virtually unchanged from yesterday

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Daily Dose

The rand had a relatively subdued session, with less than 5c the difference between its opening (15.93/$) and closing (15.97/$) prices. Currency markets were cautious ahead US inflation figures due later in the day amidst conflicting accounts of the Omicron variant

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Daily Dose

We mentioned that the rand was struggling to consolidate at the lower levels and yesterday was a repeat performance, losing 30c against the $. Disappointing manufacturing production of –8.9% year on year

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Daily Dose

The rand is on a decent run at the moment as we head into the end of the year and is currently trading near its best level in over three-weeks as markets continue to take comfort in the fact that the omicron variant may

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Daily Dose

After news last week of supply chain easing, we now get the news that Chinese PPI figures are off their 26 year highs. At the same time, oil prices are lower which has contributed to inflation spikes. Although lower oil

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Daily Dose

On Friday, the rand traded from just below the 16.00 handle to reach a days best at 15.80, after US jobs data disappointed. After that the rand again capitulated at the lower levels and, lost all its gains

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Daily Dose

On Friday, the rand traded from just below the 16.00 handle to reach a days best at 15.80, after US jobs data disappointed. After that the rand again capitulated at the lower levels and, lost all its gains, eventually closing the week at 16.06

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Daily Dose

The spread of Covid is hogging the headlines in Europe, with more countries broadening restrictions. SA is struggling with the same issue and it looks like the mandatory vaccine will go ahead next year.

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Daily Dose

The rand had a relatively strong day yesterday, trading as low as 14.74/$ as calm was somewhat restored to global markets following heavy omicron variant fuelled sell-offs. However,

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