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    Home»eBiz Money»Weekly Market Update | #eBizMoney | Andre Botha
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    Weekly Market Update | #eBizMoney | Andre Botha

    eBizRadioBy eBizRadioDecember 2, 2016No Comments2 Mins Read
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    A day of reckoning for South Africa, S&P will decide whether or not to downgrade the countries credit rating.  Economic events over the last year have led to this point, a combination of both local and global economic and political factors are being considered.

    Furthermore, the NEC committee meeting over the weekend has also had a effect on the Rand with it weakening to below R14 to the Dollar.
    In other news, USA job data is released later with analysts expected a steady but decreased sign of labour activity in the US economy.
    International markets have recently slumped as economic policy of the US under President-Elect Trump is still uncertain, with mixed signals being given by both him and his transition team.

    Over in European an upcoming referendum in Italy is dominating the News with markets still absorbing Brexit as well as the Deutsche Bank Scandal.

    treasury-one-financial-services-floating-logo

    http://www.treasuryone.co.za/

    TreasuryOne provides a daily market view and daily market rates in the morning and afternoon via Whatsapp. If you want to receive up to date market information, please add the following number to your contact list – TreasuryOne market rates no 061 109 3649 and complete the following form for us to add you to the service.

    BizMoneyAndre Botha in conversation with eBizRadio’s Nick von Stein

     

    PODCAST | Click HERE to listen


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