Contagion from Turkey and Argentina is also making this "Short" problematic, but for those who wish to sell a "carry trade" asset from the top, its a good place to risk owns funds.
Trade with care.
An update will be on Sep 20, when South African Reserve Bank is expected to hike rates.
P.S
Le`ts hope that the ANC won`t ruin the country with their "Land Reform", after all, who will invest in a country that can just take your land without compensation?
Comment
Trade is going good, and now it's the time to move the SL to 15.110.
Due to good inflation data, SARB may not hike today, but rather wait for more data and postpone his decision.
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