Risk in E's recover on Lira rebounding - TDS

Analysts at TD Securities explained that the risk sentiment has also been supported by the lira rebound today.

Key Quotes:

"The rand has gained over 2% and has been one of the main beneficiaries.

As a by product ofFriday’s events, we have achieved of our second target on Short TRYBRL positions at 1.10. We close the trade with a profit of 9%."