Emerging markets
S&P: Downward GDP revision for developing nations reflect pandemic situation
The agency has cut its growth forecasts for emerging markets, predicting a 4.7% slump on average this year due to the coronavirus.
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Concerns that US-Iran tensions could see SA, EMs suffer consequences
The US has been pouring troops into the Middle East, while millions of Iranians have taken to the streets to protest against the killing of their top military commander.
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Concerns raised over state of SA economy going into 2019
While emerging markets have come under pressure, ratings agencies have expressed their concerns about a number of challenges facing South Africa.
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Rand gains ahead of GDP data
The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.
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Global growth outlook for 2019 dims for first time: Reuters polls
At the start of 2018, optimism about a robust global economic outlook was almost unanimous among respondents.
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Rand gains, in line with emerging markets
The rand has gained more than 1% since the end of last week, defying expectations that it would see selling pressure after another US interest rate rise.
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Kganyago: Reserve Bank closely monitoring the rand
The volatile rand and possible rising inflation have been highlighted as just two factors that could see the Reserve Bank raise the repo rate in the near future.
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Rand firmer as Turkey boosts emerging markets
Moody’s comment at a conference in Johannesburg on Thursday that it was unlikely to cut Pretoria’s foreign debt to non-investment grade, despite last week’s surprise slide into recession, has also supported the rand.
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Radebe: Outlook for fuel prices in October of major concern
The government forked out R500 million this month to cap at five cents an expected R1,25 a litre petrol increase.
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Rand weaker as emerging markets knocked by trade war fears
The threat of Washington imposing heavier trade sanctions on Beijing intensified after US President Donald Trump said on Tuesday he would take a tougher stance with China on trade.
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[CARTOON] Buffalo Bill Loses Its Shine
By Dr Jack & Curtis.
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Rand recovers after emerging market rout
Currency analysts at RMB said the rand could breach the R14.90/$ level on Friday if trading remains volatile.
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Analyst: Local, global factors driving rand’s decline
The rand is currently trading at R14.69 to the dollar, R19.13 to the pound and R17.16 to the euro.
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Investors pulled $1.4bn from SA, emerging markets in last week - IIF
An emerging-market selloff has picked up pace over the last week as concerns about Turkey and others have compounded longer-term worries about a global trade war, a strong dollar and rising borrowing and energy costs.
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[LISTEN] 'SA's current economic woes down to years of maladministration'
Radio 702 presenter Bruce Whitfield and George Glynos, a managing director at ETM Analytics, discuss rating agency Moody’s warning that the pace of fiscal consolidation has slowed.
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Emerging economies face threat of Turkey knock-on effect
A plunge in the Turkish lira has set off a wave of selling across emerging market assets, reviving fears of contagion that has been the sector’s Achilles heel for decades.
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Turkey’s lira steadies amid Erdogan’s move to boycott US electronic products
The lira’s weakness has rippled through global markets. Its drop of as much as 18% on Friday hit European and US stocks as investors fretted about banks’ exposure to Turkey.
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[LISTEN] Why the rand is going down, down, down…
Bruce Whitfield interviews Dr Adrian Saville from Gordon Institute of Business Science and Rand Merchant Bank Strategist John Cairns. about the weakening state of the rand.
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Emerging market factors to blame for rand's dive - economists
In the early hours of Monday morning, the currency fell to over R15 to the dollar, marking a complete turnaround from the nine-month record low of around R14.11 on Friday.
