Market and economic wrap: Sparks fly in the Oval Office, causing rumblings across Europe
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In this new episode, Trevor Garvin, Head of Multi-Manager, dives straight into the latest global news and market updates. The global stage was shaken as Ukrainian President Zelensky's visit to the White House ended in a public disagreement with US President, Donald Trump, over strategies to address the ongoing conflict with Russia. On the domestic front, all eyes are on the upcoming budget speech, with VAT being a key point of contention among GNU partners. Trevor also covers markets updates such as the rand weakening amidst rising global risk aversion, the JSE All Share Index being hit by lower metal prices, the US's decision to cease non-essential aid to South Africa, the pressure on US stocks, and commodity updates. Tune in to the podcast for all the insights.