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MarketStandard for 25 May 2020

An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "MarketStandard for 25 May 2020" was published on May 25, 2020 and runs 57 minutes.

May 25, 2020 ·57m · WorldWide Markets with Simon Brown

0:00 / 0:00

Episode Description

Offshore

/ Hertz bankruptcy

/ US initial jobless claims now over 38million (160m labour force), UK ver 10million (35million labour force)

/ This on the back of German Q1 GDP released this morning coming in at -2.2%

/ Moderna vaccine excitement, and then they raise capital on share price spike

/ Commodities having another good week.

/ Apple mobility data shows Europeana and US economy opening.

Local

/ 0.5% rate cut

/ Stor-age raises R250m in bookbuild.

/ Grand Parade Burger King sale being repriced?

/ Liberty 2 Degrees update, nice insights.

/ Nedbank update also offering solid insights.

/ Richemont raises Euro2billion debt as they strengthen their balance sheet

/ Online sales surging

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