{"id":97119,"date":"2017-07-10T18:15:28","date_gmt":"2017-07-10T16:15:28","guid":{"rendered":"http:\/\/www.arabtelegraph.com\/?p=97119"},"modified":"2017-07-10T18:15:28","modified_gmt":"2017-07-10T16:15:28","slug":"south-africas-rand-firms-stocks-set-to-open-higher","status":"publish","type":"post","link":"https:\/\/www.arabtelegraph.com\/?p=97119","title":{"rendered":"South Africa’s rand firms, stocks set to open higher"},"content":{"rendered":"

\u00a0South Africa’s rand firmed slightly against the dollar early on Monday, recouping some of last week’s losses after strong U.S. employment data kept emerging market currencies on the back foot.<\/span><\/strong><\/p>\n

At 0646 GMT, the rand traded at 13.3600 per dollar, 0.24 percent firmer than its New York close on Friday.<\/p>\n

Stronger-than-expected U.S. jobs data late last week reinforced expectations of another interest rate hike in the United States.<\/p>\n

Locally focus this week on manufacturing data to be released on Tuesday and mining data due out on Thursday.<\/p>\n

Stocks were set to open higher at 0700 GMT, with the JSE securities exchange’s Top-40 futures index up 0.3 percent.<\/p>\n

In fixed income, the yield for the benchmark government bond due in 2026 dipped 3 basis points to 8.895 percent.<\/p>\n

<\/h1>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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Stronger-than-expected U.S. jobs data late …<\/p>\n","protected":false},"author":3,"featured_media":97128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-97119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-te-public"],"yoast_head":"\nSouth Africa's rand firms, stocks set to open higher - Arab Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabtelegraph.com\/?p=97119\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Africa's rand firms, stocks set to open higher - Arab Telegraph\" \/>\n<meta property=\"og:description\" content=\"\u00a0South Africa’s rand firmed slightly against the dollar early on Monday, recouping some of last week’s losses after strong U.S. employment data kept emerging market currencies on the back foot. 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