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reuters

S.Africa’s rand weakens in wake of strong U.S. jobs data

2 November 2012 By admin

JOHANNESBURG Nov 2 (Reuters) - South Africa's rand fell more than 1 percent against a stronger dollar on Friday in the wake of better-than-expected jobs data from the U.S. economy. By 1555 GMT, the rand was trading at 8.75 against the greenback, 1.27 percent weaker than Thursday's close of 8.6400 in New York. "It's a combination of dollar strength and gold … [Read more...] about S.Africa’s rand weakens in wake of strong U.S. jobs data

PRECIOUS-Gold down 2 pct after strong US nonfarm payrolls

2 November 2012 By admin

* Gold heading for fourth straight weekly loss * Bullion falls below key technical support, 100-dma * Oct U.S. non-farm payrolls data beats expectations By Frank Tang NEW YORK, Nov 2 (Reuters) - Gold slid 2 percent in heavy trade on Friday, breaking below $1,690 an ounce for the first time in about two months as an encouraging U.S. nonfarm payrolls report … [Read more...] about PRECIOUS-Gold down 2 pct after strong US nonfarm payrolls

Euro Coal-Prices dip with Asia on low demand

2 November 2012 By admin

LONDON Nov 2 (Reuters) - Prompt South African coal prices eased below the $81 per tonne mark on Friday amid few signs of demand in an oversupplied market. One January-loading South African cargo traded today at $80.95 a tonne FOB, down 5 cents from the previous day's deal level as sellers continued to outnumber buyers. Australia's thermal coal price benchmark dropped … [Read more...] about Euro Coal-Prices dip with Asia on low demand

Rugby-S.Africa can shine on tour despite injuries, says captain

2 November 2012 By admin

CAPE TOWN Nov 2 (Reuters) - South Africa captain Jean de Villiers believes his team can shrug off a long list of injuries to do well on their three-match European tour later this month. The Springboks take on Ireland on Nov. 10 before facing Scotland seven days later and England on Nov. 24. "We have come a long way as a team this year but we are looking to improve and … [Read more...] about Rugby-S.Africa can shine on tour despite injuries, says captain

Cricket-Australian bowler Cummins to miss most of season

2 November 2012 By admin

SYDNEY Nov 2 (Reuters) - Australian fast bowler Pat Cummins will miss most of the rest of the season with a back injury, Cricket Australia said on Friday. The 19-year-old is one of the most exciting talents in Australian cricket and it had been hoped that he might be in contention for selection for the third test against South Africa later this month. "Pat Cummins … [Read more...] about Cricket-Australian bowler Cummins to miss most of season

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