{"id":9838,"date":"2021-05-07T17:19:27","date_gmt":"2021-05-07T17:19:27","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=9838"},"modified":"2021-05-07T17:10:42","modified_gmt":"2021-05-07T17:10:42","slug":"rand-weakens-ahead-of-u-s-jobs-data-moodys-review","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review","title":{"rendered":"Rand weakens ahead of U.S. jobs data, Moody&#8217;s review"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/south-africa\">South-Africa<\/a>. <\/strong><\/span>JOHANNESBURG &#8211; Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could have an impact on investor appetite for riskier but higher-yielding currencies.<\/p>\n<p>At 0615 GMT, the rand traded at 14.2225 against the dollar, 0.25% weaker than its previous close.<\/p>\n<p>&#8220;The markets are awaiting a number of significant data releases from the U.S. this afternoon. As a result, the price action ahead of these may be cautious,&#8221; analyst at Nedbank said in a note.<\/p>\n<p>U.S. payrolls numbers are due at 1230 GMT and signs of strong job recovery are something of a double-edged sword for markets.<\/p>\n<p>They could boost risk appetite and weigh on the safe haven dollar. But if they stoke inflation worries and lead to expectations of reduction in the Federal Reserve&#8217;s stimulus, it may boost U.S. bond yields and the dollar.<\/p>\n<p>Investors also await a scheduled review of South Africa&#8217;s sovereign credit by Moody&#8217;s later in the day. The rating agency already assigns a &#8220;junk&#8221; status to the country, but with a negative outlook there is the potential for a further downgrade.<\/p>\n<p>In fixed income, the yield on the benchmark government bond due in 2030 was up 1.5 basis points to 9.095%.<\/p>\n<p><b>REUTERS<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. JOHANNESBURG &#8211; Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could have an impact on investor appetite for riskier but higher-yielding currencies. At 0615 GMT, the rand traded at 14.2225 against the dollar, 0.25% weaker than its previous close. &#8220;The markets are awaiting [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":9837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-9838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rand weakens ahead of U.S. jobs data, Moody&#039;s review - South Africa<\/title>\n<meta name=\"description\" content=\"JOHANNESBURG - Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could ha ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rand weakens ahead of U.S. jobs data, Moody&#039;s review\" \/>\n<meta property=\"og:description\" content=\"JOHANNESBURG - Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could ha ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-07T17:19:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Rand weakens ahead of U.S. jobs data, Moody&#8217;s review\",\"datePublished\":\"2021-05-07T17:19:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\"},\"wordCount\":218,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\",\"name\":\"Rand weakens ahead of U.S. jobs data, Moody's review - South Africa\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg\",\"datePublished\":\"2021-05-07T17:19:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"JOHANNESBURG - Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could ha ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg\",\"width\":720,\"height\":404,\"caption\":\"Rand weakens ahead of U.S. jobs data, Moody's review\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/south-africa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rand weakens ahead of U.S. jobs data, Moody&#8217;s review\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/\",\"name\":\"South Africa\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rand weakens ahead of U.S. jobs data, Moody's review - South Africa","description":"JOHANNESBURG - Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could ha ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review","og_locale":"en_US","og_type":"article","og_title":"Rand weakens ahead of U.S. jobs data, Moody's review","og_description":"JOHANNESBURG - Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could ha ...","og_url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review","og_site_name":"South Africa","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-05-07T17:19:27+00:00","og_image":[{"width":720,"height":404,"url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Rand weakens ahead of U.S. jobs data, Moody&#8217;s review","datePublished":"2021-05-07T17:19:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review"},"wordCount":218,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg","keywords":["Africa Press","Africa Press-South-Africa","South-Africa"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review","url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review","name":"Rand weakens ahead of U.S. jobs data, Moody's review - South Africa","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg","datePublished":"2021-05-07T17:19:27+00:00","author":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"JOHANNESBURG - Rand weakened in early trade on Friday as investors cautiously await a key U.S. jobs report that could ha ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#primaryimage","url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg","contentUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-609574771129a.jpg","width":720,"height":404,"caption":"Rand weakens ahead of U.S. jobs data, Moody's review"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/rand-weakens-ahead-of-u-s-jobs-data-moodys-review#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/south-africa\/"},{"@type":"ListItem","position":2,"name":"Rand weakens ahead of U.S. jobs data, Moody&#8217;s review"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/south-africa\/#website","url":"https:\/\/www.africa-press.net\/south-africa\/","name":"South Africa","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/9838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/comments?post=9838"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/9838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media\/9837"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media?parent=9838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/categories?post=9838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/tags?post=9838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}