EMERGING MARKETS-Oil rebound lifts EM stocks towards 2-year high, rouble firms: "That will be a negative signal for the Russian rouble and the South African rand, and in South Africa political risk prevails as well." South Africa's credit ratings were downgraded to junk after President Jacob Zuma sacked finance minister Pravin Gordhan. Source: "South Africa" - … [Read more...] about SA News: EMERGING MARKETS-Oil rebound lifts EM stocks towards 2-year high, rouble firms