Rand subdued as investors set eyes on US jobs data
Investors are closely watching the US nonfarm payrolls for June to be released later on Friday
05 July 2019 - 10:16
The rand was flat against the dollar on Friday morning ahead of US employment data.
Investors are closely watching the US nonfarm payrolls for June to be released later in the day, which measure the change in the number of jobs in the US economy over a month. Analysts say the latest nonfarm payrolls will serve as an indication of how soon the US Federal Reserve may need to cut interest rates. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.