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* Rand continues to strengthened like most.....>

RAND
RAND: * Rand continues to strengthened like most EM currencies benefiting from
the Fed last night.
Bond saw some bull steepener, which desk expected on the back of the Fed with
some decent sizes going through. Local paper buying from offshore initiated some
curve play.
Back to FX: Rand registered the best performance against the USD, completing its
longest rally since the beginning of the year.
{qt} What to watch: At 7pm local/18.00BST: Ramaphosa's State of the Nation
Address, with desk expecting details on the support measures for Eskom.

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