Business Maverick: Unknowns Await Emerging Markets After Biggest Moves Since 2008

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Business Maverick: Unknowns Await Emerging Markets After Biggest Moves Since 2008 By Bloomberg

in its first round of dollar injections using a currency swap line with the Federal Reserve

Central Bank of Egypt will probably keep its benchmark deposit rate on hold on Thursday after cutting rates by a record 300 basis points at an emergency meeting this month, according to Bloomberg EconomicsChina’s PMIs likely bounced back in March from record-low levels as the economy slowly restarted after a prolonged virus shutdown. The numbers are due this week

South Africa’s manufacturing PMI probably fell to 41.1 in March from 44.3 the previous month, data may show on Wednesday. February’s reading was the lowest in more than a decade and well below the level of 50 that separates contraction from growth

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Russia agree to oil market talks as Trump calls price war ‘crazy’U.S. President Donald Trump and Russian President Vladimir Putin agreed during a phone call on Monday to have their top energy officials meet to discuss slumping global oil markets, the Kremlin said, as Trump called Russia's price war with Saudi Arabia 'crazy.'
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Cartoon Tuesday with RicoCohen is a business and political journalist and commentator of more years than he likes to admit. His freelance work has included contributions to the Wall Street Journal and the Financial Times, but he spent most of his life working for Business Day.After a mid-life crisis that didn't include the traditional fast car, Cohen now divides his time between Johannesburg and a house situated almost exactly in the middle of nowhere in the Karoo. Recent columns:
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: Solidarity Fund: Stronger TogetherIn just a few days, South Africa’s nascent Solidarity Fund has defined its reason for being, established governance partners, built governance frameworks, opened a bank account and, most importantly, initiated its first targeted intervention. It will be a powerful example of how South African society can collectively respond to a crisis.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: March 31: Five Things You Need to Know to Start Your DayBlackRock’s CEO is predicting the economy will eventually recover, but will be forever changed. China’s consumption levels are faltering as the country struggles to get its shoppers out and about. And Italy is being warned to heed the early mistakes of Wuhan by shifting to mass quarantining of coronavirus patients with mild symptoms. Here are some of the things people in markets are talking about today.
Source: dailymaverick - 🏆 3. / 84 Read more »

LUKANYO MNYANDA: No miracle cures as SA awaits market verdict on downgradeWe are about to get the answer to a long-standing question: have assets already priced in junk status?
Source: BDliveSA - 🏆 12. / 63 Read more »