JSE Direct with Simon Brown

Market Standard 27 July 2020

July 27, 2020

Offshore

/ 1.42 million Americans applied for unemployment benefits in the week ending July 18, up from 1.3 million a week earlier

/ Gold through $1,900

/ EU leaders have agreed to a €750b ($857b) stimulus package (US is in talks for their next round of support)

/ Tesla into sp500

/ Results; Microsoft msft & Intel intc

Local

/ MPC rate cut

/ IMF loan to be announced tonight, R70billion

/ MTN update Vodacom

/ Datatec update

/ Sasol update

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