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South African rand slumps at end of turbulent week

UPDATE 2-South African rand slumps at end of turbulent week Updates prices as of 1518 GMT JOHANNESBURG, Nov 8 (Reuters) - The South African rand fell on Friday as a turbulent trading week, dominated by Donald Trump's victory in the U.S. presidential election, drew to a close. The rand has mainly tracked offshore drivers this week, also moving on the outlook for U.S.
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South African rand slips against stronger dollar

South African rand slips against stronger dollar JOHANNESBURG, Nov 8 (Reuters) - The South African rand was slightly weaker in early trade on Friday, tracking the dollar which was back on the front foot. At 0700 GMT, the rand traded at 17.3650 against the dollar ZAR=D3 , down 0.2% on its previous close. The dollar was up 0.1% against a basket of global currencies =USD .
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South African assets stage recovery, eyes on Fed decision

UPDATE 1-South African assets stage recovery, eyes on Fed decision Updates prices as of 1527 GMT JOHANNESBURG, Nov 7 (Reuters) - South African assets recouped the previous day's losses on Thursday ahead of a Federal Reserve interest rate announcement as the dollar gave back some of its gains linked to Donald Trump's U.S. election win. At 1527 GMT, the rand traded at 17.28 against the dollar ZAR=D3 , about 2.1% stronger than its previous close.
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What the Fed does is what really matters for markets

BUZZ-COMMENT-What the Fed does is what really matters for markets Nov 7 (Reuters) - What the Fed does is what really counts for markets. Most central banks tend to follow what happens in the U.S., but those that are inclined to push back create situations that often have serious consequences. These can manifest as extreme currency moves, with the greater the will to battle against the effects of U.S.
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Trump hurt one of the most popular bets in markets

BUZZ-Trump hurt one of the most popular bets in markets Gold drops to $2643/oz following U.S. election Gold hit a record high at $2790/oz on Oct 31 $147/oz slide among largest and fastest pullback's seen this year Reverse is very modest - a 23.6% retrace 2024 gain is $2600/oz The target for a meaningful correction is $2482/oz A correction would lay foundation for a bigger rise Good cause to eye gains for safe assets during Trump presidency FX traders must consider consequences of a trade war nL1
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South African rand recoups some losses against dollar

South African rand recoups some losses against dollar JOHANNESBURG, Nov 7 (Reuters) - South Africa's rand recouped some losses on Thursday, a day after emerging market assets took a hit following Donald Trump's win in the U.S. election. At 0820 GMT, the rand traded at 17.5175 against the dollar ZAR=D3 , over 0.7% stronger than its previous close. The local currency fell about 2.5% against the greenback at one point on Wednesday amid volatile trading.
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South African Markets - Factors to watch on Nov 7

South African Markets - Factors to watch on Nov 7 JOHANNESBURG, Nov 7 (Reuters) - The following scheduled economic event, equity and currency market moves may affect South African markets on Thursday. ECONOMIC EVENT October reserves data SOUTH AFRICAN MARKETS The South African rand plunged against a buoyant dollar on Wednesday as "Trump trades" surged, after Donald Trump won the U.S.
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Mexican peso choppy, Argentine stocks hit record high after Trump win

EMERGING MARKETS-Mexican peso choppy, Argentine stocks hit record high after Trump win Brazil central bank decision due at 2130 GMT Mexican peso hit two-year low in early trade Argentina debt risk index drops after Trump win MSCI Latam stocks index up 1.5%, FX climbs nearly 2% Updated at 3:30 p.m. ET By Ankika Biswas and Johann M Cherian Nov 6 (Reuters) - Mexico's peso turned volatile after an early slide on Wednesday, with the Brazilian real jumping 1% and bucking the weak trend across Latin Am
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Mexican peso, stocks slip as Trump clinches US presidency

EMERGING MARKETS-Mexican peso, stocks slip as Trump clinches US presidency Brazil c.bank decision due at 2130 GMT Argentina debt risk index drops after Trump win MSCI Latam stocks index up 0.2%, FX also climbs Updates prices throughout By Johann M Cherian Nov 6 (Reuters) - Currencies and stocks across most major Latin American economies edged higher in choppy trade on Wednesday, t hough Mexico's peso and the main stock index stayed under pressure after Donald Trump's victory in the U.S.
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Mexican peso, stocks slammed as Trump clinches US presidency

EMERGING MARKETS-Mexican peso, stocks slammed as Trump clinches US presidency Updated at 1528 GMT Brazil c.bank decision due at 2130 GMT Argentina debt risk index drops after Trump win MSCI Latam stocks index drops 0.9, FX flat By Johann M Cherian Nov 6 (Reuters) - Currencies and stocks across most major Latin American economies took a beating on Wednesday, with Mexico's peso and the main stock index leading declines after Donald Trump's victory in the U.S.
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What's at stake for global markets in a Trump presidency

UPDATE 1-EXPLAINER-What's at stake for global markets in a Trump presidency Updates with Trump projected to win Nov 6 (Reuters) - As Donald Trump was projected to win the White House, according to Edison Research, the U.S. dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds, emerging markets, clean energy and sustainable investing.
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What's at stake for global markets in a Trump presidency

EXPLAINER-What's at stake for global markets in a Trump presidency Nov 6 (Reuters) - As Donald Trump appears poised to head back to the White House, the U.S. dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds, emerging markets, clean energy and sustainable investing. Here's how: CURRENCIES A Trump presidency is seen strengthening the U.S.
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South African rand nosedives as Trump wins US election

UPDATE 4-South African rand nosedives as Trump wins US election Republican Donald Trump wins U.S. election "Trump trades" boost dollar, rand tumbles Market volatility likely, analysts say Updates prices as of 1525 GMT, adds new analyst comment to paragraphs 6-7 By Bhargav Acharya and Tannur Anders JOHANNESBURG, Nov 6 (Reuters) - The South African rand plunged against a buoyant dollar on Wednesday as " Trump trades " surged, after Donald Trump won the U.S.
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South African rand tumbles as markets tilt towards Trump win

South African rand tumbles as markets tilt towards Trump win JOHANNESBURG, Nov 6 (Reuters) - The South African rand tumbled nearly 2.5% against the dollar early on Wednesday, as markets tilted towards a win for Donald Trump in the U.S. election. At 0700 GMT, the rand traded at 17.8075 against the dollar ZAR=D3 . South Africa's benchmark 2030 government bond ZAR2030= also slumped in early deals, with the yield up 12.5 basis points to 9.44%.
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South African Markets - Factors to watch on Nov 6

South African Markets - Factors to watch on Nov 6 JOHANNESBURG, Nov 6 (Reuters) - The following equity and currency market moves may affect South African markets on Wednesday. SOUTH AFRICAN MARKETS South Africa's rand edged higher on Tuesday after the release of a local purchasing managers' index and as the United States headed to the polls to elect its next leader.
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African Markets - Factors to watch on Nov 6

African Markets - Factors to watch on Nov 6 Nov 6 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: Ghana's statistics agency is expected to release its October consumer inflation data. GLOBAL MARKETS U.S. stock futures and the dollar surged in Asia on Wednesday as investors wagered Republican Donald Trump could win the U.S.
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South African rand firms after PMI data, markets gear up for US vote

UPDATE 1-South African rand firms after PMI data, markets gear up for US vote Updates prices to reflect afternoon trade, adds analyst quote in paragraph 7 JOHANNESBURG, Nov 5 (Reuters) - South Africa's rand edged higher on Tuesday after the release of a local purchasing managers' index and as the U nited States headed to the polls to elect its next leader.
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South African rand's future looks brighter

BUZZ-COMMENT-South African rand's future looks brighter Nov 5 (Reuters) - The South African rand's future looks brighter, with the currency underpinned by demand for one of very few freely floating and higher-yielding currencies. The rand has recently done better at the expense of Mexico's peso, which has similar traits to the rand and is another of the band of possible FX investments that are in very short supply.
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Explainer - U.S. election drives FX gamma to extremes

BUZZ-Explainer - U.S. election drives FX gamma to extremes Nov 5 (Reuters) - The term "gamma demand" is circulating heavily in the FX market as the U.S. election approaches — but what exactly does it mean, and why is it significant? Gamma is the rate at which an option's delta changes in response to movements in the underlying asset (the FX spot rate).
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South Africa's private sector growth sustained in October as costs fall, PMI shows

South Africa's private sector growth sustained in October as costs fall, PMI shows JOHANNESBURG, Nov 5 (Reuters) - South Africa's private sector maintained its growth trajectory in October, bolstered by a decline in business costs and selling prices, a Purchasing Managers' Index (PMI) survey showed on Tuesday. The S&P Global South Africa PMI recorded a reading of 50.6, slightly down from September's 51.0, but still above the 50.0 mark that indicates growth.
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