Trade report 10/05/2013
The revised jobs plan from Amplats is a potential market mover to look out for. Depending on what is announced, the news could be the catalyst in another round of protests or could be treated as better than expected if fewer job cuts are announced.
In local news mining and manufacturing production numbers fell unexpectedly in March suggesting that economic growth could be subdued in the first quarter of 2013 adding to support for a second interest rate cut this year.
In international news senior officials fear that the better economic data in recent weeks are not enough to prevent the International Monetary Fund (IMF) from calling on Chancellor George Osborne to loosen his austerity drive. It is expected that the IMF and British
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