Elisabeth Gruie
Elisabeth Gruie
bank carefully central exert fighting government investors looking pressure rate signs watching
The government is looking to exert pressure on the central bank for rate cuts, and that could be detrimental to fighting inflation. Investors will be watching very carefully for signs of interference.
economy factor high levels remains supporting supportive
Commodities are still at very high levels and are supporting the rand. In the long run, the economy remains a supportive factor for the rand.
african cut negative people rand reduction south strong yield
The reduction in the yield differential is a negative for the rand. With the rand being strong so recently, some people may be speculating about a cut in South African rates.
data emerging good market mood peak rand rates remains signal
Any data indicating U.S. rates may peak is a good signal for the rand and other emerging market currencies. Overall, the mood still remains nervous.
central investors linger political talk time
Any time there's talk of interfering with the central Bank, that makes investors very nervous. Political uncertainty will linger and we could see a weakening of the currency.