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The rand fell early on Wednesday to 17.49 per dollar as emerging-market currencies weakened over China's proposed Hong Kong security law. Trump said his administration was preparing a strong response, which he expected to announce before the end of the week.
South Africa's 10-year bond yield rose slightly to 9.05%.
Sino-US friction pressures emerging-market currencies and raises the risk of trade sanctions that could disrupt agricultural demand and feed price trends.
moneyweb.co.zaOlivia Kumwenda-Mtambo, ReutersMay 27, 2020Not 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.
