The South African rand gained 0.5% against the dollar as markets turned their attention to U.S. inflation data and Federal Reserve comments this week.
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Global markets
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The South African rand held steady in early trading on Monday, as investors cautiously navigated turbulent global markets. Amidst lingering uncertainty surrounding geopolitical tensions and economic indicators, the rand’s stability …
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The Federal Reserve’s decision to stop raising interest rates has had mixed effects on global markets and currencies. Some investors are optimistic that lower rates will boost growth and earnings, …
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The dollar has hit a six-week low as new data reveals weaker-than-expected job creation in the United States, raising doubts about further interest rate hikes by the Federal Reserve. The …
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Economy
Global Markets React as Mixed Economic and Corporate Signals Cause Stocks and Treasury Yields to Retreat
Global markets witnessed a day of turbulence as investors grappled with a complex blend of economic and corporate indicators. The fluctuating landscape has resulted in a decline in stock markets …