The markets are in for a rocky Wednesday ahead of a US central bank interest rate decision and an election upset in Alabama where the Democratic Party won its first senate seat since 1992.US Federal Reserve Bank chairwoman Janet Yellen is expected to announce the central bank’s benchmark interest rate will rise to 1.5% from 1.25% at 9pm South African time on Wednesday.The rand was slightly stronger at R13.66/$ at 6.30am as the dollar weakened after the Republican Party’s majority in the US Senate narrowed to 51 against 49 after Democrat candidate Doug Jones beat the Republican’s Roy Moore."Congratulations to Doug Jones on a hard fought victory. The write-in votes played a very big factor, but a win is a win. The people of Alabama are great, and the Republicans will have another shot at this seat in a very short period of time. It never ends!" US President Donald Trump tweeted at about 6am South African time.The Republican party is expected to rush its tax bill through the legislatur...
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