Market Review 12 July 2021

Offshore / US ten year back at 1.36% after peaking at +1.72% in March / Jeff Bezos has stepped down as Amazon CEO / OPEC+ couldn't reach an agreement / Fed minutes tell us nothing new, except inflation is higher/faster than they expected / US extends the economic blacklist of Chinese companies / China wants pre-IPO review of all new listings that have large user data Local / Imperial delisting offer at 6600c / Sibanye Stillwater bearish on palladium, bullish on platinum & rhodium / MultiChoice hit with R63billion tax bill in Nigeria / Nedbank WFH policy, 60% in office ie: 2 days WFH each week / Prosus shareholders approve share swap