South African Rand Off Near 2-week Low Against U.S. Dollar

RTTNews | 269 days ago
South African Rand Off Near 2-week Low Against U.S. Dollar

(RTTNews) - The South African rand recovered against the U.S. dollar in the New York session on Thursday.

The South African rand rose to 18.09 against the greenback, from an early nearly 2- week low of 18.26. If the currency rises further, it is likely to test resistance around the 17.5 region.

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South Korea Bourse May Challenge 3,200-Point Mark

South Korea Bourse May Challenge 3,200-Point Mark

The South Korea stock market has tracked higher in back-to-back sessions, collecting almost 40 points or 1.3 percent along the way. The KOSPI now sits just shy of the 3,170-point plateau and it's tipped to open in the green again on Monday.
RTTNews | 3 minutes ago
New Zealand Retail Sales Climb 0.5% In Q2

New Zealand Retail Sales Climb 0.5% In Q2

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
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New Zealand Retail Sales Data Due On Monday

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U.S. Dollar Drops After Powell's Speech

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RTTNews | 2 days ago
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

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The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
RTTNews | 2 days ago
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

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Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
RTTNews | 2 days ago