Currencies & Sensitivity

EM currency traders reacted nervously to Trump’s tweet, and Anthea explains why currencies are sensitive to seemingly insignificant things such as a tweet or someone's opinion. Trade negotiations remained in the spotlight as the Chinese delegation headed to Washington. Meanwhile back home, President Ramaphosa - in his recently launched Monday newsletters to the nation - said he is hopeful an agreement (AfCFTA – African Continental Free Trade Agreement) that could see the continent become the world’s largest free-trade zone, will boost the country’s sluggish economy.