Rand weaker as investors await next move in US-China spat
FXTM market analyst Han Tan says risk-aversion will dominate market sentiment until there are clear signs of progress in trade negotiations
27 August 2019 - 09:48
The rand was weaker on Tuesday morning as investors keep a watchful eye on developments in the US-China trade war.
US President Donald Trump expressed optimism about the trade negotiations between the two countries after Chinese Vice-Premier Liu He said on Monday that China hopes for “calm” negotiations and no further escalation of the dispute, Reuters reported...
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