South African Foreign Exchange Reserves (Dec) 75.89B vs. Exp. 73.0B (Prev. 72.07B )
South Africa's foreign exchange reserves for December came in above expectations, indicating stronger than anticipated reserve accumulation.
Newsquawk Daily European Opening News - 8th January 2026
NVIDIA (NVDA) is said to be requiring full upfront payment from Chinese customers seeking H200 chips, hedging it against ongoing uncertainty over China's approval of the shipments
South African Foreign Exchange Reserves (Dec) 75.89B vs. Exp. 73.0B (Prev. 72.07B )
[MARKET UPDATE] Metal prices extend on losses and trade at fresh session lows with spot gold down 0.8% and silver prices slumping 2.5% to beneath the USD 77/oz level, while copper futures also retreated in tandem with the uninspired risk tone
NIO (9866 HK) will expand to Australia and New Zealand this year, according to its Vice President of Global Business Development
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This positive surprise could enhance the outlook for the South African Rand, potentially impacting its valuation and influencing broader market sentiment around emerging markets.
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