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The rand edged up to 15.97 per dollar in early Friday trade as investors awaited Warsh's debut Jackson Hole speech for guidance on rates and inflation. The dollar index was slightly higher at 99.18, and the 2035 government bond yield held at 8.455%.
Expectations for Fed policy drive the dollar and emerging-market currencies, which affects the cost of dollar-priced imports for South Africa. The rand's modest move had little direct bearing on agricultural commodity prices.
Not enough comparable past events yet for a historical read.
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.