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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 AccessFurther Legal Headaches Conspire Against Ramaphosa
- The South Gauteng High Court has now formally placed Comair under provisional liquidation. Comair suspended operations earlier in June, saying that it was unable to make wage payments owed to its workers beyond May 2022.
- Legal headaches for President Ramaphosa continue Wednesday, with the currently suspended Public Protector Mkhwebane giving the President until 5pm today to reverse her suspension or face a legal battle into his actions. According to AAGM, Mkhwebane is accusing the president of failing to scrutinise several submissions she made, which he was supposed to consider before making a decision on her suspension.
- Moneyweb write that while JSE investors are sitting on losses of circa 11% this year, monthly trading volumes remain consistent, with R400bln expected to be traded per month into the end of June.
- Retail sales data takes focus going forward, with markets expecting M/M sales to drop 1.3% and Y/Y to rise 1.7%. The data crosses at 1pm local time (1200BST/0700ET).
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.