What the Markets Are Not Loving
It seems like the markets are not loving the renewed talks of China/US trade wars and the seizing of the British “fuel smuggling” tanker by Iran in the Strait of Homuz. Anthea explains that, as well as sharing the good news of the SA Reserve Bank cutting interest rates and Ford committing to creating 1,200 new jobs as they ramp up their new plant here in SA. She also reports on EOH, Pioneer Foods and PepsiCo. To wrap things up, she discusses how Netflix has fallen 12% in after-hours trading on Wednesday after indicating that it had lost subscribers in the US for the first time since 2008.