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Repo rate cut is likely: Economists

Economists predict the South African Reserve Bank's Monetary Policy Committee (MPC) is likely to announce a 50 basis point cut in the repo rate when it meets this week.

Ekonome verwag dat die Suid-Afrikaanse Reserwebank rentekoerse sal sny na sy vergadering Donderdagmiddag.

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JSE down on weaker global markets

The JSE opened a tad weaker on Tuesday, taking its cue from lower world markets as profit taking set in following strong gains in the last few trading sessions.

Die beurs het effens teruggesak vanoggend met wêreldmarkte wat die toon set vir winsneming.

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Rand follows euro at lunch

The rand tracked euro movement in midday trade on Monday, but trade action was muted with the US market closed for the Labour Day holiday.

Die rand volg die euro voor middagete, maar volumes is laat te midde van ‘n openbare vakansiedag in die VSA.

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Rand tracks softer euro

The rand tracked a softer euro in morning trade on Tuesday amid fresh concerns over the health of European banks following a report questioning the stringency of the recent stress tests.

Die rand het teruggeval teen die dollar vanoggend en volg ‘n swakker euro laer teen die Amerikaanse geldeenheid.

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JSE starts the week higher

The JSE opened stronger on Monday, as world markets cheered Friday's better-than-expected US nonfarm payrolls data.

Die beurs het goed begin vanoggend en volg die tendens op wêreldmarkte wat positief reageer op werkloosheidsdata uit die VSA.

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JSE slightly up on European markets

The JSE closed slightly in the black on Monday, tracking European stocks, a local trader said.

Die beurs het effens hoër gesluit Maandag en makelaars sê aandele het Europese markte gevolg.

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Rand stays strong in early trade

The rand remained strong, but was little changed from its weekend level on Monday morning. A local dealer noted that trade is anticipated to remain quiet today with US market closed for the Labour Day holiday.

Die rand bly sterk teen die dollar, maar lae volumes word vanoggend verhandel te midde van ‘n openbare vakansiedag in die VSA.

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Rand still in range amid US holiday

The rand was trapped in a tight range in afternoon trade on Monday with action curtailed by the Labour Day holiday in the United States.

Die rand is effens swakker vanmiddag, maar verhandel steeds naby die naweek se vlakke te midde van ‘n openbare vakansiedag in die VSA.

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JSE up on positive US data

The JSE posted modest gains on Friday as risk appetite returned, with foreign investors buying local equities again encouraged by upbeat global economic data.

Die beurs het positief geëindig vanmiddag met makelaars wat begin om meer risiko te aanvaar.

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JSE holds on to gains

The JSE hung on to its earlier gains at noon on Monday, but the market lacked direction in light trade with the US closed for the Labor Day public holiday.

Die beurs hou vas aan vanoggend se winste, maar daar is min rigting vir makelaars met Amerikaanse markte wat vandag gesluit is.

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Rand sharply up on US jobs data

The rand surged against major currencies on Friday afternoon after better than expected US jobs data which has eased concerns over the pace of the US economic recovery.

Die rand het skerp geklim teen die groot geldeenhede Vrydagmiddag na beter as verwagte werkloosheidsdata uit die VSA.

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