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• The SA Daily – Manufacturing still stuck

  by Shireen Darmalingam Fri Aug 02 08:27:03 SAST 2019

  Slowing global growth weighs on the manufacturing of all emerging market economies. Manufacturers in Turkey, Indonesia and Mexico are struggling, while manufacturers in Brazil are not quite maintaining positive momentum. …

  The SA Daily – Rand slips in wake of US cut

  by Shireen Darmalingam Thu Aug 01 08:17:16 SAST 2019

  The US FOMC cut the Fed funds rate by 25 bps yesterday, as expected, for the first time in a decade. Fed Chair Jerome Powell however tamped down expectations of …

  The SA Daily – US rate cut fully priced in

  by Shireen Darmalingam Wed Jul 31 08:16:45 SAST 2019

  US GDP growth slowed to 2.1% q/q in Q2:19 (the slowest since Q1:17). Still, this exceeded expectations of 1.8% q/q; GDP growth was 3.1% q/q in Q1:19. The positive contributors …

  The SA Daily – Moody's credit rating on radar

  by Shireen Darmalingam Tue Jul 30 08:45:49 SAST 2019

  Fitch has downgraded SA’s BB+ ratings outlook to negative because of fiscal deterioration due to “lower GDP growth and increased spending, including SOE support”. This now increases Fitch’s projections for …