The dollar rallied on Monday after US retail sales data bolstered expectations that the Federal Reserve will hike interest rates this year.
Oil prices declined in Asia on Friday, bucking an equities rally amid fresh concerns over weak demand.
Oil prices rebounded in Asia on Thursday thanks to a weak dollar and bargain-hunting.
Good consumption in India and China is fuelling oil demand, but the International Energy Agency is concerned about the global glut.
South Africa’s rand retreats from 10-week highs against the dollar on Wednesday as growth concerns resurface.
Fresh concerns about a global supply glut weighed on oil prices in Asian trade on Wednesday.
SA has received its largest shipment of white maize for the season so far from Mexico, according to agricultural economist Wandile Sihlobo.
The dollar eased slightly against the yen on Wednesday.
Surprise jump in South Africa’s manufacturing activity lifts the volatile rand to a two-month high.
Iron ore will probably decline this quarter on strong volumes from Australia and Brazil and weak downstream demand.
Citigroup says that while the bear market in oil is now over, a bull market hasn’t yet begun.
Cocoa prices may have climbed to a 39-year high, but for once chocolate makers have been spared.
South Africa’s rand holds its ground against the dollar on Monday morning.
SA’s rand has little chance of strengthening in the next year due to the government’s populist policies, warns financial analyst.
Oil rebounds in Asia on Friday after tanking nearly five percent on Thursday on renewed supply concerns.