JOHANNESBURG: South Africa's rand continued to weaken early on Thursday as geopolitical tensions abroad and uncertainty over the U.S.-China trade deal subdued demand for emerging market currencies.
* At 0640 GMT the rand was 0.22 percent weaker at 13.9650 per dollar compared to a close at 13.9350 overnight in New York.
* Escalating tensions between India and Pakistan after each of the nuclear powers claimed that they shot down each other's fighter jets, and comments from a top U.S. official that it was too early to predict an outcome to China trade talks marred demand for risk assets.
* Bonds were weaker, with the yield on the benchmark paper due in 2026 up 3 basis points at 8.69 percent.
* In equities, miner Impala Platinum (Implats) swung to a first-half profit, boosted by increased output and a weaker rand, while retailer Massmart Holdings Ltd, said its full-year headline earnings fell by 31.7 percent.
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