South Africa Business Confidence

For the South African market, the BER Business Confidence Index surveys 1,400 business people in the building industry, 1,400 business people in the trade sector, and 1,000 business people in the manufacturing sector. It measures the amount of optimism that senior executives in the companies have in the present and future sales, orders, employment, inventories, and selling prices. The index is measured on a scale from 0 to 100, with 0 representing a great lack of confidence, 50 representing neutrality, and 100 representing extreme confidence.

A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.

Category:  Business Confidence
Units:  Points
Details
Impact: Medium
Country:
Currency: ZAR
Latest Release
Previous: 45
Consensus: 40
Actual: 40
Next Release
No data

Forex Sentiment (ZAR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDZAR
17.2596
-6659 pips
18.0800
-1545 pips
17.92551
Symbol Action Percentage Volume Positions
USDZAR Short 31% 0.45 lots 33
Long 69% 0.98 lots 49
0% of traders are currently trading USDZAR.
EURZAR
18.0531
-28970 pips
20.6406
+3095 pips
20.95009
Symbol Action Percentage Volume Positions
EURZAR Short 90% 1.30 lots 59
Long 10% 0.14 lots 3
0% of traders are currently trading EURZAR.
ZARJPY
8.1890
-3 pips
8.0664
+15 pips
8.217
Symbol Action Percentage Volume Positions
ZARJPY Short 51% 1.50 lots 1
Long 49% 1.44 lots 21
0% of traders are currently trading ZARJPY.