Johannesburg – The rand was flat against the dollar in early Monday trade, with the risk of weakening during the week if domestic trade data shows a widening deficit.
At 08:54 the rand traded at R10.5140 versus the greenback, a touch softer than Friday's close at R10.5105.
In fixed income, yields edged higher, with the 2026 benchmark adding 1.5 basis points to 8.205% and the 2015 paper inching up 1 basis point to 6.65%.
In addition to the trade data due out on Thursday, the market will also scrutinise unemployment, credit and producer inflation and monthly budget data numbers this week for pointers on the state of the economy, which has been beset by strikes.
On Monday Numsa said there had been some development in talks with employers over a wage offer that could end a walkout in the metal and engineering sector.
At 08:54 the rand traded at R10.5140 versus the greenback, a touch softer than Friday's close at R10.5105.
In fixed income, yields edged higher, with the 2026 benchmark adding 1.5 basis points to 8.205% and the 2015 paper inching up 1 basis point to 6.65%.
In addition to the trade data due out on Thursday, the market will also scrutinise unemployment, credit and producer inflation and monthly budget data numbers this week for pointers on the state of the economy, which has been beset by strikes.
On Monday Numsa said there had been some development in talks with employers over a wage offer that could end a walkout in the metal and engineering sector.