John Cairns News
-
The rand pared the world’s biggest currency rally against the dollar yesterday as investors sold emerging-market currencies, and ahead of U.S. consumer sentiment data.
-
The rand rallied after the World Bank cut its forecast for global growth, easing concern central banks are preparing to curtail monetary stimulus that fueled demand for emerging-market assets.
-
The rand fell for a second day, tracking commodity prices lower as China’s industrial production trailed estimates. Bond yields rose to the highest in a year.
-
South Africa’s rand became the world’s most oversold major currency after the biggest monthly decline since September 2011, according to trading patterns.
-
South Africa’s rand gained for a second day after stocks and commodities rallied as concerns eased the Federal Reserve will reduce monetary stimulus that has fueled demand for high-yielding emerging-market assets.
-
The rand fell to a four-year low, set for its worst month since 2011, amid speculation the central bank may sell dollars to soothe volatility and as government officials tried to reassure investors.
-
The rand slumped to a four-year low and bond yields rose to the highest levels in eight weeks on speculation of a tapering in U.S. stimulus measures and as the South African economy stagnates.
-
The rand gained for the first time in five days as investors bet the currency’s slide to a four-year low this week has gone too far.
-
St. Jude Medical Inc.’s Durata lead, the wire used to connect life-saving defibrillators to the heart, proved safe and reliable in an independent review that should ease concerns about its use, researchers said.
-
The rand weakened to a four-year low against the dollar, extending its longest losing streak in a year on concern that renewed labor unrest and falling commodity prices will weigh on South Africa’s economy.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page