Market in review 30 August 2021
WorldWide Markets with Simon Brown · JustOneLap.com
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Show Notes
Offshore
/ Jackson Hole. Powell says nothing new.
/ TSMC, the world's largest maker of semiconductor chips, says it's raising its prices by about 20%
/ Hurricane Ida heading for the Gulf of Mexico, shutting down oil production.
/ China reportedly weighs ban on U.S. IPOs from domestic tech companies with sensitive data
Local
/ Bonang Mohale and his Serialong trust converts a Purple Group loan into 11.46% shares in the group
/ Unemployment 34.4%
/ South African GDP rebased. The economy is 11% larger than previously measured. It is still the second-largest economy in Africa, after Nigeria.
/ National treasury says KZN July violence will take 0.7%-0.9% off 2021 GDP.
/ Sibanye Stillwater results
/ Woolies results