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The South African rand traded around 16.7 per USD, its lowest since early October, pressured by a firmer greenback and lower prices of key precious metals such as gold and platinum group metals (PGMs). Elevated oil prices and geopolitical uncertainty added to the pressure, putting pressure on energy-importing economies
By Jamie McGeever ORLANDO, Florida, Oct 14 (Reuters) — US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and deepening worries over the costs involved in financing the AI buildout. The inflation figures put a Fed rate hike later this mo
The fund said its unaudited half-year results were for the six months ended 30 June 2026. Ordinary share NAV per share was US$2.393 at 30 June 2026, up 58% from US$1.510 at 31 December 2025.
Emerging-market stocks fell to an 11-day low as higher oil prices and rising bond yields weighed on sentiment. The Indonesian rupiah breached 18,000 per US dollar and Turkish equities hit an eight-month low.
The South African rand traded around 16.4 per USD, its weakest level since early August, as stalled US-Iran negotiations pushed oil prices higher, weighing on risk-sensitive currencies in oil-importing economies. At the same time, heightened geopolitical uncertainty boosted safe-haven demand for the greenback, while de
MSCI EM stocks down 0.9%, FX slips 0.5% US 10-year Treasury yield hits highest level since 2007 South African rand hits seven-week low after central bank's 25 bps rate hike Turkish finance minister to hold meetings on fund liquidation crisis By Utkarsh Hathi Sept 24 (Reuters) — An index of emerging market currencies he
The rand traded around 16.2 per USD, its lowest since late August. It was pressured by higher oil prices and a firmer dollar amid rising expectations of a Fed rate hike next week.
The South African rand strengthens below 16 per US dollar and trades near its strongest level since late February, as a softer US dollar and higher precious metals support EM appetite.