The rand was mixed on Monday morning, while the JSE was slightly firmer amid mixed global peers, as investors assessed weak China data and a surprise interest-rate cut from its central bank.
China’s economic recovery unexpectedly weakened in July as new Covid-19 outbreaks across the country weighed on consumer and business spending, clouding the growth outlook further. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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