EM currency traders reacted nervously to Trump’s tweet, and Anthea explains why currencies are sensitive to seemingly insignificant things such as a tweet or someone’s opinion. Trade negotiations remained in the spotlight as the Chinese delegation headed to Washington. Meanwhile back home, President Ramaphosa – in his recently launched Monday newsletters to the nation – said he is hopeful an agreement (AfCFTA – African Continental Free Trade Agreement) that could see the continent become the world’s largest free-trade zone, will boost the country’s sluggish economy.

 

Currencies & Sensitivity

 

Currencies & Sensitivity

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