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  • What should you learn from the Turkish lira crisis?
  • In Ernest Hemingway's 1926 novel “The Sun Also Rises” two characters are discussing bankruptcy: “How did you go bankrupt?” Bill asked. “Two ways” Mike said, “gradually and then suddenly”. The “slowly at first, and then all at once” concept is wonderfully described in Malcom Gladwell's debut book The Tipping Point. Gladwell defines this idea as “the moment of critica... ››› more
  • [08 December 2021]
  • I'm no Nostradamus - But the rand is in major trouble
  • The rand has really taken a beating this year.    In July I wrote an article, From Lockdown 4 to Jumanji - Here's why I'm selling the rand. I predicted that the rand would fall from R14.30 to R15.58.   This was due to local reasons such as the looting that took place, the slow vaccination roll-out as well as a bearish chart pattern.    And to catch you up, you... ››› more
  • [23 November 2021]
  • Why the attack on Turkey and Syria can lead to a 46% rise in Brent Crude
  • In this week's episode of the Trump versus the world, Turkey seems to be in the spot light. Last week Monday, President Trump said that he was going to apply heavy duties, boost tariffs on the country's steel to 50% from 25%, authorise sanctions on Turkey and cut off a $100 billion trade deal following Ankara's invasion of north-east Syria. This is a major concern for analysts worldwide a... ››› more
  • [22 October 2019]
  • It's resources time to shine while the rand continues its slump
  • In early July this year,    I announced the demise of the South African rand. At that time, the currency was trading at R13.00 per US Dollar.   With the economy shrinking 0.7%, the petrol price jumping to R17.00 per liter and added pressure to emerging currencies led by the Turkish Lira and Argentina Peso, the rand has been hit hard.   Today it will cost you R14.40 for j... ››› more
  • [23 October 2018]
  • How to make money when the Rand is weak
  • The JSE remains in its consolidation phase but the current Rand weakness has created opportunities to buy some blue chips on the cheap. The Rand has followed emerging market currencies lower over the past week on the back of concerns in Turkey. The Turkish Lira has more than halved in value as they deal with their own “Nenegate”. The main reason for the Rand's significant weakness and ... ››› more
  • [16 August 2018]
  • Emerging Markets on the back foot as the Dollar strengthens
  • The rand has bucked the emerging market currency trend by strengthening 7.6% year to date. The Brazilian Real, Indian Ruppee and Turkish Lira have all weakened over 7%. The Turkish Central bank surprised the market with its 3% interest rate hike last week. We should see an increase in market and currency volatility leading into Friday's US employment data, which is expected to stay near the 1... ››› more
  • [29 May 2018]
  • The rand surges towards 11/$
  • This afternoon, the local currency has gained nearly a percent. After a slow morning, the rand gained momentum to strengthen against the dollar along with other emerging market currencies. Let's take a closer look at what's going on… The rand rallied this afternoon This morning, the rand treaded water against the greenback looking for direction, says Fin24. It managed to strengthe... ››› more
  • [18 November 2014]
  • The rand slips under global pressure
  • After staging a decent rally over the last couple of weeks, the rand is under pressure. On the domestic front, there are concerns over the ten-week long strike in the platinum sector. Looking further afield, the European Central Bank announces the outcome of its meeting on interest rates today. And tomorrow, the US releases its non-farm payroll data, a key indicator of its economic health. Let's t... ››› more
  • [03 April 2014]
  • The rand took the budget in its stride
  • Yesterday, after Finance Minister Pravin Gordhan presented his 2014 budget, the rand wobbled slightly, but didn't change markedly. Now the rand has the release of producer price index (PPI) to contend with today. And later on, Janet Yellen will address the Senate banking committee. Her testimony could affect the rand. Let's take a closer look at what's going on with the local currency… The ran... ››› more
  • [27 February 2014]
  • The rand continues to struggle
  • The new week hasn't brought the rand any respite. The local currency is still flirting with lows last seen five years ago. The rand is battling to contend with a stronger dollar and other factors are weighing on it. Let's take a closer look at what's putting pressure on the rand… By lunchtime today, the rand continued to struggle, says BDLive. This as “sentiment towards emerging market curre... ››› more
  • [06 January 2014]
  • The rand spirals down to a four year low
  • As global tensions mount over Syria, emerging markets are bearing the brunt. And the rand is suffering. It's fallen to lows not seen for over four years. Let's take a closer look at what's pushing the rand lower… The rand plummeted to “a four-year low” earlier today, reports Fin24. After a rough couple of days, the rand has extended “the week's losses in a global sell-off of emerging... ››› more
  • [28 August 2013]


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