{"id":49139,"date":"2026-10-27T09:44:10","date_gmt":"2026-10-27T07:44:10","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=49139"},"modified":"2026-10-27T09:44:10","modified_gmt":"2026-10-27T07:44:10","slug":"rand-steady-ahead-of-leading-indicator-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steady-ahead-of-leading-indicator-data\/","title":{"rendered":"Rand steady ahead of leading indicator data"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">The South African (SA) Rand was steady in early trade on Tuesday, \u200bahead of Central bank data which \u200cis expected to offer fresh clues on the outlook for Africa&#8217;s most industrialised economy.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Rand traded at 16.6525 \u200bagainst the Dollar, little changed from its \u2060previous close.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The SA Reserve Bank \u200bis due to publish the country&#8217;s leading \u200bbusiness cycle indicator for August, which includes data on vehicle sales, business confidence, money supply and other \u200bfactors.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Markets are also \u200bawaiting the Federal Reserve&#8217;s policy decision on Wednesday \u200cfor \u2060fresh guidance on the outlook for interest rates.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Traders are pricing in about an 11% chance of a rate hike this week \u200band an \u200b82% \u2060chance of a December increase, according to the CME&#8217;s FedWatch Tool.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Like \u200bother risk-sensitive currencies, the rand \u200boften \u2060takes its cues from global factors, particularly United States monetary policy, alongside domestic economic data.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s \u200bbenchmark 2035 government bond was \u200bsteady in early deals, with the yield at 8.62%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":34578,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-49139","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand was steady in early trade on Tuesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49139\/revisions"}],"predecessor-version":[{"id":49141,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49139\/revisions\/49141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/34578"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=49139"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=49139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}