The rand was relatively stronger on Thursday morning amid early signs that Italy could avoid new elections, widely seen as potentially damaging to the eurozone project.Two anti-establishment parties have reportedly agreed to revive talks to resolve the political gridlock, which hurt the euro and broader global markets earlier in the week.The eurozone as a bloc has been through testing times over the last few years, hobbled in part by a sovereign debt crisis, which unleashed painful austerity measures on some member countries in exchange for bailouts."It’s been quite a week in global financial markets so far and we have only just crossed the halfway stage," Standard Bank trader Warrick Butler said in e-mailed note clients."We still have … US employment data tomorrow. Add into that the fact that today’s month-end should add another flow dynamic to the markets means a really interesting end to the week is in store for us. I hope."Riding the wave of the improved sentiment, the rand perk...
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