The relationship between the rand and gold prices broke down this year. The main theme was the narrowing of the interest rate differential between South Africa and the U. S.
The relationship between the rand and gold prices broke down this year. The main theme was the narrowing of the interest rate differential between South Africa and the U. S.
The main focus remains the coalition talks and the market still basically trusts that the two parties will come to some sort of a compromise.
Low inflation is bullish for bonds in Hungary and therefore for the forint. We could see some gains in the currency on anticipation of a lower-than expected inflation figure.
The rally we've seen in the rand has come squarely on the back of the rally we saw in the gold price.
© 2020 Inspirational Stories
© 2020 Inspirational Stories