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Market and economic wrap: US and China surprise markets by slashing tariffs, causing large equity market gains 11r39
Descripción de Market and economic wrap: US and China surprise markets by slashing tariffs, causing large equity market gains 2j4w17
In this week's market and economic wrap podcast, Trevor Garvin, Head of Multi-Management, discusses significant developments that have impacted global markets, such as the US and China’s tariff cuts and how both countries have agreed to a 90-day pause and substantial tariff reductions, leading to significant gains in equity markets. On the domestic front, the rand strengthened to R18.32 against the US dollar, buoyed by improved global risk sentiment, and financial and industrial stocks surged, with Naspers and Richmont up 5%. Listen now to these and more updates. LinkedIn · YouTube ok2e
Comentarios de Market and economic wrap: US and China surprise markets by slashing tariffs, causing large equity market gains j3f2l