- 21 April 2025
- EFT Reporter
Dollar tumbles as Fed independence under threat from Trump
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/IllustrationBy Rae WeeSINGAPORE —The dollar dived on Monday as investor confidence in the U.S. economy took another hit…
Read More- 15 April 2025
- EFT Reporter
South African rand recovers further on bets coalition will hold
FILE PHOTO: A street money changer counts South African Rands in Harare, Zimbabwe, May 5, 2016. REUTERS/Philimon BulawayoJOHANNESBURG – The South African rand extended gains in early trade on Tuesday,…
Read More- 14 April 2025
- EFT Reporter
South Africa’s rand recovery continues with volatile global and local backdrop
South African bank notesJOHANNESBURG – South Africa’s rand recovered further against a weaker dollar on Monday, extending a recent bout of extreme volatility linked to U.S. President Donald Trump‘s trade war and worries…
Read More- 14 April 2025
- EFT Reporter
Stocks rally in Asia as electronics get a tariff break
Asia stocks are on the upBy Wayne ColeSYDNEY – Major stock indexes bounced in Asia on Monday and Europe looked set to follow after the White House exempted smartphones and computers from “reciprocal”…
Read More- 24 March 2025
- EFT Reporter
South African rand jumps as markets ponder US tariffs
A person counts South African RandsJOHANNESBURG – South Africa’s rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump.At 1413 GMT,…
Read More- 24 March 2025
- EFT Reporter
Russian central bank sees chance of prolonged low oil price cycle
Fears that oil prices could collapse to 1980s levelsMOSCOW – Russia’s central bank has warned the Kremlin’s policymakers the United States and OPEC have the capacity to flood the oil market and cause a…
Read More- 15 August 2024
- EFT Reporter
Eswatini listed in African countries doing well in intra-African trade
Intra Africa Trade By Delisa Thwala Intra-African trade fosters regional integration by fostering collaboration among African countries, resulting in the creation of common infrastructure, harmonized rules, and the removal of trade obstacles.The Kingdom…
Read More- 12 August 2024
- EFT Reporter
Stocks waver in lead up to data deluge; CPI in focus
FILE PHOTO: The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File PhotoBy Shubham Batra and Shashwat ChauhanU.S. stocks struggled for direction on Monday as investors braced…
Read More- 8 July 2024
- EFT Reporter
Euro zone investor morale drops, breaking streak of gains in “setback”
An illustration showing EurosFRANKFURT – Investor morale in the eurozone broke an eight-month streak of improvements with a bigger-than-expected decline in July, a survey showed on Monday, describing the results…
Read More- 5 July 2024
- EFT Reporter
World stocks at record high, UK Labour landslide and US payrolls hog spotlight
FILE PHOTO: A man walks past the London Stock Exchange in the City of London October 11, 2013.REUTERS/Stefan Wermuth//File PhotoBy Dhara RanasingheLONDON – World equity markets touched fresh record highs with…
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