# EM-FX, stocks subdued over virus worries; Jackson Hole in focus - Moneyweb

> Emerging-market currencies were muted on Thursday as the dollar steadied and markets awaited the Fed's Jackson Hole symposium. The rand weakened 0.2%, lagging peers, and African government bonds fell in early trading amid rising Delta variant cases.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/45849-em-fx-stocks-subdued-over-virus-worries-jackson-hole-in-focus-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand modestly raises the local cost of imported feed for South African buyers, and the risk-off tone is a minor headwind for commodity-linked currencies.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/em-fx-stocks-subdued-over-virus-worries-jackson-hole-in-focus/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.