Trade report 06/05/2013
The more positive market sentiment and the fact that the South African Reserve Bank will most likely not reduce rates at the next meeting will likely stimulate on-going inflows into SA bonds and give more support for the local currency.
City of Johannesburg‘s waste management unit said on Sunday that Pickitup workers are planning an illegal strike starting Monday. Amanda Nair, Pickitup Managing Director said in a statement that “it is unfortunate that our employees have resorted to an unprotected strike in relation to their grievance”.
The US private sector has helped create nearly 200,000 new jobs a month since January. In April the US private sector created new job opportunities for 176000 people and the public sector created an additional 11000 jobs.
To read the full report, visit the Currency Solutions website. Transferring funds out of South Africa/Money transfers into South Africa – Let one of our professional consultants at Currency Solutions assist you. To know more about how we can help you Contact Us.
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