{"id":7621,"date":"2012-02-03T13:40:40","date_gmt":"2012-02-03T11:40:40","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/s-africas-rand-bonds-ease-after-china-data\/"},"modified":"2012-02-03T13:40:40","modified_gmt":"2012-02-03T11:40:40","slug":"s-africas-rand-bonds-ease-after-china-data","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-bonds-ease-after-china-data\/","title":{"rendered":"S.Africa&#8217;s rand, bonds ease after China data"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand, bonds steady with weaker bias<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Inflation-linked bond sale results at 0900 GMT<\/p>\n<p><span><\/span><\/p>\n<p>* Treasury bills auction results out at 1000 GMT<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Feb 3 (Reuters) &#8211; South Africa&#8217;s rand<br \/>\neased slightly against the dollar in early Friday trade as<br \/>\ninvestors&#8217; appetite for riskier emerging market assets waned<br \/>\nafter disappointing economic data out of Asia.<\/p>\n<p><span><\/span><\/p>\n<p>Government bonds also showed weakened ahead of the sale of<br \/>\ndomestic government paper later in the session.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was trading at 7.6550 by 0637 GMT, a shade<br \/>\nweaker than a 7.64 close in New York. The currency hit a<br \/>\nfive-month high of 7.605 during on Thursday.<\/p>\n<p><span><\/span><\/p>\n<p>China reported disappointing services data early on Friday,<br \/>\nputting a slight dent in risk appetite.<\/p>\n<p><span><\/span><\/p>\n<p>However, the rand and other emerging market assets may<br \/>\nbounce back if U.S. jobs data paint a positive picture for the<br \/>\nworld&#8217;s biggest economy and Greek government talks with private<br \/>\ncreditors make headway.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Even though the rand has recovered aggressively over a<br \/>\nrelatively short space of time, if global risk appetite<br \/>\naccelerates further, then rand bulls could realistically look<br \/>\nfor a move down to 7.50, if not 7.32, in the near term,&#8221; Absa<br \/>\nCapital said.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand, bonds steady with weaker bias * Inflation-linked bond sale results at 0900 GMT * Treasury bills auction results out at 1000 GMT JOHANNESBURG, Feb 3 (Reuters) &#8211; South Africa&#8217;s rand eased slightly against the dollar in early Friday trade as investors&#8217; appetite for riskier emerging market assets waned after disappointing economic data out [&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-7621","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\/7621","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=7621"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7621\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}