Market Standard 03 August 2020

Offshore / US earnings season / Q2 GDP data is coming in at about -10% / US jobless claims remain stuck at around 1.4million and CARES has ended, albeit congress is in talks / Alphabet says WFH until summer 2021 & Zuckerberg says there's 'no end in sight' for Facebook employees WFH / Big tech results (Amazon, FB, Alphabet & Apple) knock it out the park / Big tech breakup congressional hearings Local / Steinhoff wants to settle claims / Europa Metals booms 16,000%, except it didn't (500:1 consolidation) / ANG ceo quits / Vivo Energy results as fuel sales decline / GLD closes July at an all-time high / City Lodge rights issue 13:1