Offshore
/ Germany saves. Total retail deposits rose by €22.4bn in Apr and hit fresh All-time high at €2.46tn. The volume of retail bank deposits has doubled within 18 years.
/ German production and export data disappoints as they have nobody to sell to in a lockdown world.
/ Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal
/ Uber buying Postmates
/ Tesla still storming higher (as is Nasdaq)
/ Gold strong
Local
/ SARB bought only R5.1billion bonds in June
/ Load shedding is back
/ Everybody wants Quantum Foods
/ Omnia results
/ Updates from Liberty 2 degrees and Growthpoint
/ Steinhoff sells Conforama
/ TFG buying JET for R480m and is looking to raise R3.95 billion in a rights offer.