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LATEST Fast News  

Rand gains with other emerging currencies on coronavirus hopes

7 Apr 2020 /  Mfuneko Toyana and Promit Mukherjee, Reuters  
The bank index fell in early trade before soaring 10%.

Rand rallies with riskier assets on signs of slower infection rates

7 Apr 2020 /     3
Bonds firmed, with the yield on benchmark paper down around 0.5%.

Copper belt miners turn to Tanzania as South Africa lockdown hobbles ports

7 Apr 2020 /  Helen Reid, Reuters   2
While South Africa's lockdown is benefiting ports like Dar, Beira and Walvis Bay, it is hurting Mozambique's Maputo port, which depends on South African mine production.

A top strategist says it’s time to pile into world’s worst currencies

7 Apr 2020 /  Ben Bartenstein, Bloomberg   2
'It’s the best time to buy emerging markets in over 20 years, Robertson said

Tesla Is nearing debut of longer range China-made Model 3

7 Apr 2020 /  Bloomberg News, Bloomberg  
The vehicle would have a range of more than 650 kilometers (404 miles) on one charge.

Rand bounces back from record low

7 Apr 2020 /  Reuters and Moneyweb  
JSE Alsi up over 3%.

Japan declares state of emergency For Tokyo, Osaka over virus

7 Apr 2020 /  Isabel Reynolds and Emi Nobuhiro, Bloomberg   1
The one-month emergency period from April 7 will cover Osaka, Kanagawa, Saitama, Chiba, Hyogo and Fukuoka prefectures as well as the capital.

SA’s net foreign reserves fall to $44.7bn in March

7 Apr 2020 /  Mfuneko Toyana, Reuters  
Gross reserves also down.

Millennials freaked out and fled risk when stocks took a dive

7 Apr 2020 /  Sarah Ponczek, Bloomberg    3
As they live through the first market crash as adults.

Bitcoin breaks above $7 000 again amid wider risk-on rally

7 Apr 2020 /  Vildana Hajric, Bloomberg   
Largest crypto has seen an 11% rally so far in April.

Gold rallies, spread balloons as investors charge into bullion

7 Apr 2020 /  Ranjeetha Pakiam, Bloomberg   
Spread between spot gold and futures widens.

Zimbabwe eases coronavirus lockdown to allow diaspora remittances flow

7 Apr 2020 /  MacDonald Dzirutwe, Reuters   1
And for farmers to transport their goods to market.

Asian shares cautiously gain on virus hopes, dollar slips

7 Apr 2020 /  Tom Westbrook, Reuters  
Early signs of virus peaking in Europe, New York.

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