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The rand slipped as a stronger dollar and oil prices outweighed mixed domestic data, with Brent hitting $105 a barrel after a spike in shipping attacks. Mining output fell 7.5% year on year in July while manufacturing rose 1.1%, and South Africa posted a Q2 current account deficit.
Higher oil on shipping attacks raises import and freight costs for South Africa, but the domestic data has limited direct effect on feed commodity prices.
hk.marketscreener.comReutersSep 10, 2026Not enough comparable past events yet for a historical read.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
