MarketStandard for 25 May 2020
WorldWide Markets with Simon Brown · JustOneLap.com
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Show Notes
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