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South African rand edges lowers as unity government talks continue

UPDATE 1-South African rand edges lowers as unity government talks continue Updates prices to reflect afternoon trade JOHANNESBURG, June 13 (Reuters) - The South African rand edged lower on Thursday as talks to try to form a government of national unity continued . At 1535 GMT , the rand traded at 18. 4150 against the dollar ZAR=D3 , 0 .14% weaker than its previous close.
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FX options wrap - Risks glare amid the FX status-quo

BUZZ-FX options wrap - Risks glare amid the FX status-quo June 13 (Reuters) - FX was left mostly range-bound after Wednesday's bouts of post-U.S. CPI and Fed- driven volatility, weighing back on implied volatility as a consequence of a return to the prior FX status quo . However, there are some impending events where the FX volatility risk premium is still elevated as demonstrated by particular option expiry dates and their implied volatilities.
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South Africa's rand looks set for a big figure change

BUZZ-COMMENT-South Africa's rand looks set for a big figure change June 13 (Reuters) - The rand is on its way to reversing three consecutive weeks' of losses versus the dollar and could push USD/ZAR below the 18.00 level as soon as next week. There remains just enough uncertainty surrounding the Africa National Congress' (ANC) coalition to reverse some of this week's gains versus the dollar but there is also optimism for an ANC-Democratic Alliance link-up, which would be viewed positively by the
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Russian assets dive on US sanctions, Pakistani stocks spike after budget

EMERGING MARKETS-Russian assets dive on US sanctions, Pakistani stocks spike after budget Pakistan budget sets big tax target ahead of IMF talks South Africa's IFP to join ANC and DA in unity government Argentina Senate passes Milei reform bill amid protests By Ankika Biswas June 13 (Reuters) - Russian assets slumped on Thursday after new U.S. sanctions against the country, and Pakistani equities soared after the annual federal budget, while emerging markets stocks index hit a two-week high on c
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South African rand gains as unity government talks progress

South African rand gains as unity government talks progress JOHANNESBURG, June 13 (Reuters) - The South African rand was stronger in early trade on Thursday as government of national unity (GNU) talks progressed. At 0709 GMT, the rand traded at 18.35 against the dollar ZAR=D3 , about 0.2% stronger than its previous close. On Wednesday, South Africa's Inkatha Freedom Party (IFP) said it will join a unity government with the African National Congress (ANC) and the Democratic Alliance (DA) after no
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