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Market Standard 08 March 2021

An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "Market Standard 08 March 2021" was published on March 8, 2021 and runs 47 minutes.

March 8, 2021 ·47m · WorldWide Markets with Simon Brown

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Episode Description

Offshore

/ NFP added 379k jobs (large beat) and US unemployment 6.2% (at this pace it'll take until April 2023 to get back to where we were in February 2020)

/ $1.9trillion stimulus bill approved by Senate

/ China sets 6% 2021 GDP target

/ Germany charges Steinhoff execs

/ UK taxes going up to highest in 50 years

/ Nasdaq is red year-to-date

Local

/ One year of Covid, ZAR 40c weaker, Top40 +20% (both from Jan20 levels)

/ Harmony out of Top40 and Resi10, replaced by Glencore

/ Rhodes Food update "..sales started recovering in January and February 2021…" after TigerBrands said January was poor?

/ Firstrand results

/ Spur results

/ Treasury expected to be another R30billion ahead on tax collections

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