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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBER Consumer Confidence, Current-Account Balance Eyed
- Ex-chief of the Treasury's budget office Michael Sachs said that the expected spending cuts in the upcoming Medium-Term Budget Policy Statement on October 25 could "undermine the growth of the economy and undermine the development of the society". The Institute for Economic Justice noted that "intensifying austerity is in no one's interest" and "increasing demands will be made on a shrinking tax base".
- Moody's has upgraded the long-term corporate family rating of Eskom after the signing of the Eskom Debt Relief Act two months ago, which was followed by the first payment from the National Treasury in August.
- Looking ahead, South African data releases today include:
- 09:00BST/10:00SAST: Q3 BER Consumer Confidence
- 10:00BST/11:00SAST: Q2 Current Account Balance (BBG est. -ZAR173bn)
- 12:00BST/13:00SAST: Jul Electricity Production/Consumption
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.