|Day's Range||13.679 - 13.846|
|52 Week Range||11.4971 - 15.6790|
Last year was painful for emerging market currencies, but it looks like 2019 might not be much better.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Renk Aktiengesellschaft (FRA:ZAR) has paid Read More...
The South African rand had recovered losses by the end of the day on Thursday after a sharp selloff in emerging market currencies on rising concerns about global growth. Traders said the rand recovered as selling was considered to have been excessive and investors still see value at around 14.60 to the dollar. AT 1516 GMT the rand was 0.02 percent firmer at 14.4657 per dollar after tumbling to as far as 14.8975, its weakest in three months.
Emerging-market investors had no place to hide in 2018. From trade spats, to rising U.S. interest rates and a strong U.S. dollar, the deck seemed stacked against them. Here’s how that could result in a bullish turn next year.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how Renk Aktiengesellschaft's (FRA:ZAR) P/E Read More...
Analysts think the rate hike was a protective move towards the currency. The risks come from the domestic policy, the Federal Reserve, the possible cut of oil production by OPEC+ and the risk-off sentiment among the investors.
South Africa’s rand outperformed other emerging market currencies against the U.S. dollar on Wednesday thanks to improving risk appetite, but there are plenty reasons to be cautious.
Renk Aktiengesellschaft (FRA:ZAR), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is ZAR will Read More...
A weaker U.S. dollar in the wake of the U.S. midterm elections is giving way to a rebound in emerging market currencies that could outlive the knee-jerk reaction.
The U.S. dollar weakens against its major rivals on Wednesday as investors digested the results of the U.S. midterm election in which the Democrats took control of the House of Representatives.
South Africa's rand sold off on Wednesday after newly appointed Finance Minister Tito Mboweni unveiled a downgraded economic forecast for the country. The rand was the worst performing emerging market currency versus the dollar during the session, with the greenback climbing more than 2% against it. Mboweni announced that government debt is expected to keep rising until 2024 -- two years longer than expected -- when it will hit some 60% of gross domestic product, rather than 56%, as previously forecast. The budget deficit is also set to widen. The rand slipped to a near two-week-low against the U.S. dollar, with one buck last buying 14.5760 rand, up more than 2% from 14.2569 late Tuesday in New York. The iShares MSCI South Africa ETF was meanwhile down 4%.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
Investing.com - The dollar retreated against its rivals Monday, pressured by a stronger pound amid lingering hopes of a UK-EU Brexit deal, while a firmer euro on positive remarks from European Central Bank Mario Draghi also hurt the greenback.
Investing.com - Markets kept a wary eye on wobbly emerging market currencies this week, with declines in the Turkish lira, Argentine peso, and the South African rand at the forefront.
I am going to take a deep dive into Renk Aktiengesellschaft’s (FRA:ZAR) most recent ownership structure, not a frequent subject of discussion among individual investors. The impact of a company’sRead More...
South Africa has gone into recession after its economy shrank by 0.8 per cent in the second quarter of the year. A recession is technically defined as when an economy contracts over two consecutive quarters. The main reasons behind the contraction in the second quarter were slowing agriculture, transport and trade sectors, according to Statistics South Africa.
Investing.com - The dollar rose to the day’s highs against a currency basket on Thursday, while the Turkish lira and the Argentinian peso skidded as a selloff in emerging market currencies gathered pace.
South Africa's rand led emerging market currency losses on Thursday, down more than 1 percent after U.S. President Donald Trump tweeted his concerns on land reform, while the rising risk of further U.S. ...
Trump Goes After the Fed Again Perhaps discontented with the rise of the dollar (NYSEARCA:UUP) on foreign exchange markets, or worried that the 10-year boom that began in 2009 may be coming to an end with President Trump blamed if the Federal Reserve keeps raising rates, Trump publicly criticized Fed Chair Jay Powell in an […] The post Market Morning: Trump Hits Fed, South African Kleptomania, Amazon Hires Cardiologist, Venezuela Banks on Crypto appeared first on Market Exclusive.