Robert Brand
latest news & developments
Bond buyers deterred by Fed rate outlook
Foreign investors offloaded more rand-denominated debt than what they bought last year, as demand for emerging market bonds declined.
SA bonds vulnerable to ‘outsized’ selloff
Experts say falling liquidity raises the risk that it will be more difficult to sell the bonds in the event of any deterioration in sentiment.
Rand bonds revel as Marcus finesses policy
Bonds are rallying after the Reserve Bank’s hiked rates in an effort to assure South Africans and investors that inflation will not run away.
SA credit rating downgrade looms
Ratings agency Fitch has downgraded its South African outlook to negative, and analysts expect Standard & Poor’s to downgrade too.
Rand rebounds as best emerging-market currency
The rand has bounced back from a five-year low on expectations that the Reserve Bank will raise the repo rate as inflation grows.
Rand weakens to 5-year low and bonds drop on Fed tapering
US unemployment data may show enough recovery for the Federal Reserve to begin reducing monetary stimulus.
Rand gains after hitting five-year low
The rand has gained following a drop which appeared to have been overdone.
Rand fluctuates after Fed decision to cut stimulus
The rand has moved up and down by news of both Fed tapering and Fitch’s affirmation of the country’s credit rating.
Rand weakens for the second day before Federal Reserve stimulus decision
Speculation over whether the US Fed will begin tapering sees the rand drop ahead of a decision.
Rand slumps to 10-week low on longest bond selloff since May
The rand has slumped to the weakest level in two and a half months against the dollar as a bond sell off reached the longest streak since May.
Rand falls in run-up to manufacturing output data
As the rand weakened for the first time in three days against the dollar, economists expect a report will show manufacturing growth slowed in August.
SA bonds decline as data signals rate hold
There is concern that poor results like that of manufacturing will limit the Reserve Bank’s ability to reduce inflation eroding value bonds.
Rand weakens on signs US Fed gains were overdone
The rand has depreciated as investors gauged that a surge against the dollar, after the US Fed suddenly maintained monetary stimulus, was overdone.
Rand falls ahead of Fed policy meeting
The rally of the rand in recent days will likely continue to lose steam as the market looks out for a decision to cut monthly bond purchases.
Bond yields surge as inflation quickens, rand weakens
Yields on South African bonds jumped to the highest level in 19 months as inflation accelerated and the rand slipped to a six-week low.