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South Africa's rand traded marginally weaker on Thursday, in line with global currency markets ahead of some important central bank meetings, and in the absence of new signals from the Sino-US trade war and the Brexit saga.

At 1600 GMT, the rand traded at 14.6550 per dollar, 0.1% weaker.

Without local catalysts, the rand is expected to take direction from global markets.

The currency dipped slightly tracking the weaker euro, which fell after European Central Bank chief Mario Draghi gave his final news conference and data showed stagnating economic momentum in the euro zone.

Gold miners were the biggest winners, with Exxaro Resources , AngloGold Ashanti and Goldfields topping the blue chip index and up 2.9%, 2.37% and 2.2%respectively.

Copyright Reuters, 2019

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