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Market Standard 06 July 2020

An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "Market Standard 06 July 2020" was published on July 6, 2020 and runs 63 minutes.

July 6, 2020 ·63m · WorldWide Markets with Simon Brown

0:00 / 0:00

Episode Description

Offshore

/ US unemployment 11.1%

/ Tesla now largest motor company in the world

/ Advertisers bailing on facebook

/ Goldman Lowers U.S. GDP Forecast, Sees 4.6% Contraction in 2020 (was 4.2%)

/ Fitch has downgraded a record number of sovereign ratings due to the coronavirus. 33 downgrades, 40 negative watch

/ Brexit talks started up again

Local

/ Q1 GDP at -2%

/ Barloworld results

/ Capitec update

/ 1Nvest ETNs expiring 11 August (gold, silver, platinum & palladium)

/ Redefine sells R7.7billion of assets to reduce LTV

/ Steinhoff still muddling along and publishing results

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