{"id":8882,"date":"2012-03-14T03:08:17","date_gmt":"2012-03-14T01:08:17","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/investors-shy-away-from-risky-s-africa-positions\/"},"modified":"2012-03-14T03:08:17","modified_gmt":"2012-03-14T01:08:17","slug":"investors-shy-away-from-risky-s-africa-positions","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/investors-shy-away-from-risky-s-africa-positions\/","title":{"rendered":"Investors shy away from risky S.Africa positions"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand stuck in range, Fed statement has investors on<br \/>\nsidelines<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Bonds close little changed, some buying in long end<\/p>\n<p><span><\/span><\/p>\n<p>* Gold output records biggest y\/y drop in at least a year<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, March 13 (Reuters) &#8211; The rand was steady<br \/>\nin its recent range on Tuesday, with investors awaiting comments<br \/>\nfrom U.S. Federal Reserve at 1815 GMT, especially on any fresh<br \/>\nmonetary stimulus measures which could pump more cash into the<br \/>\nglobal economy and buoy emerging markets.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was flat at 7.55 to the dollar at 1537 GMT.<br \/>\nIt traded in a tight 6 cent range in the session and within last<br \/>\nweek&#8217;s levels.<\/p>\n<p><span><\/span><\/p>\n<p>The rand has first support close to the 7.64 level, which if<br \/>\nbreached would open up the 7.68 region that the unit bounced<br \/>\nfrom last week. Charts show resistance around the 7.47 area.<\/p>\n<p><span><\/span><\/p>\n<p>Any surprises in retail sales data on Wednesday could also<br \/>\npush investors to take clear positions. The data is due at 1100<br \/>\nGMT and expectations are for lower sales growth in January.<\/p>\n<p><span><\/span><\/p>\n<p>Government bonds were barely moved even after a good sale of<br \/>\n2017, 2021 and 2036 government<br \/>\ndebt, where the 2036 issue received the most demand on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>Dealers said they were wary of taking positions ahead of the<br \/>\nFederal Reserve statement.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand stuck in range, Fed statement has investors on sidelines * Bonds close little changed, some buying in long end * Gold output records biggest y\/y drop in at least a year JOHANNESBURG, March 13 (Reuters) &#8211; The rand was steady in its recent range on Tuesday, with investors awaiting comments from U.S. Federal [&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-8882","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\/8882","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=8882"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8882\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}