USD/ZAR stabilising at levels of around R14.60 after the Rand slipped to over R15.00 against the US Dollar last week. Chinese Foreign Minister, Wang Wi, stressing that the G20 summit in September needs to focus more on economic growth as opposed to the political climate of the economy at present. Yellen hinted briefly that economic conditions in the US have started to turn favourably in terms of a potential future interest rate hike. SA retail sales coming in with positive figures growth of 0.5% MoM and 0.9% quarterly growth. S&P 500 Index up1.88% for the year, the DOW Jones Industrial Average currently 2.77% up and the JSE All Share up 4.2% year to date.
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World Map of Income Tax Havens