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The rand weakened about 0.2% as slowing Chinese manufacturing growth revived concerns about the US-China trade dispute. Investors also looked ahead to Fed and Bank of England meetings.
Weaker Chinese factory activity signals softer demand for commodity imports, which can weigh on grain and oilseed prices while the rand's weakness affects local import costs.
moneyweb.co.zaMfuneko ToyanaJul 31, 2018Not 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.
