Bad news and market sentiment

The strength of the Rand has been riding on positive sentiment for South
Africa, however public and investor sentiment is fickle and can change in an
instant.

Today, exceptionally bad new was released, which just might swing sentiment
against the Rand and cause all our recent gains to be wiped out in record
time.

You know it goes... bad news travels fast and it travels far...

Unemployment figures were released a few hours ago.

Take note of the following facts released today:

1) Global unemployment is at record high levels.

2) South Africa has the third-highest unemployment percentage in the world!

3) Of all the unemployed people in the world, 5.3% off them live in our
country!

Now let's see how the markets re-act to this news...

On top of this, the US$ is making a strong rally, attempting to recover
recent losses against other major currencies, including the Rand.

We need to watch this carefully over the next few days...