{"id":6145,"date":"2011-12-15T12:20:59","date_gmt":"2011-12-15T10:20:59","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/s-africas-rand-steady-eyes-on-nov-ppi-data\/"},"modified":"2011-12-15T12:20:59","modified_gmt":"2011-12-15T10:20:59","slug":"s-africas-rand-steady-eyes-on-nov-ppi-data","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-steady-eyes-on-nov-ppi-data\/","title":{"rendered":"S.Africa&#8217;s rand steady, eyes on Nov PPI data"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand looks set to end yr over 25 pct weaker to dlr<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Stocks could open weaker, negative for year<\/p>\n<p><span><\/span><\/p>\n<p>* Bonds weaker, PPI at 0930 GMT<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Dec 15 (Reuters) &#8211; South Africa&#8217;s rand<br \/>\nwas languishing near two-week lows against the dollar on<br \/>\nThursday with little respite seen as investors shun riskier<br \/>\nassets on concerns about the outlook of the euro zone.<\/p>\n<p><span><\/span><\/p>\n<p>The rand looks set to end the year more than 25 percent<br \/>\nweaker against the dollar, which would be its worst yearly<br \/>\nperformance since 2008.<\/p>\n<p><span><\/span><\/p>\n<p>Domestic stocks looked set to start negative, with the JSE&#8217;s<br \/>\nTop-40 December futures contract down 0.52 percent before the<br \/>\n0700 GMT start of trade. Stocks fell on Wednesday, falling into<br \/>\nnegative territory for the year.<\/p>\n<p><span><\/span><\/p>\n<p>The domestic calender will feature producer inflation data<br \/>\nat 0930 GMT, with the market expecting it at 10.5 percent<br \/>\nyear-on-year.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was trading at 8.4335 against the dollar<br \/>\nat 0637 GMT, not far from Wednesday&#8217;s New York close of 8.4307.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;It&#8217;s weak on back of what is going in the world and on the<br \/>\ncommodity currencies,&#8221; said a dealer.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand looks set to end yr over 25 pct weaker to dlr * Stocks could open weaker, negative for year * Bonds weaker, PPI at 0930 GMT JOHANNESBURG, Dec 15 (Reuters) &#8211; South Africa&#8217;s rand was languishing near two-week lows against the dollar on Thursday with little respite seen as investors shun riskier assets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-6145","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=6145"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6145\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}