Rand firms a little as market awaits Donald Trump’s speech
All eyes are on the US president, who could spell out the future direction of the US-China trade war, in a speech later on Tuesday
12 November 2019 - 10:31
The rand was a little firmer against major global currencies on Tuesday morning, with focus squarely on the US-China trade war, with a speech expected later by US President Donald Trump.
Trump's address in New York comes amid trade-war uncertainty as a result of his comment on Friday that he had not agreed to roll back tariffs on China, which brought to an end almost a week of risk-on trade prompted by hopes that a partial deal would be finalised soon...
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