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South African 10 year bond yields have risen to close to 9% as political wrangling and fears about the country's economic health continue to grow.
As the scrapheap of once great JSE listed companies continues to grow and the economy buckles under government corruption and failed economic policies, local assets are becoming increasingly uninvestable.
The Chinese yuan (CNY) has fallen below 7.0 versus the US dollar for the first time in a decade, a level which has been widely seen as a line in the sand for the currency.
Most of the financial market action during July happened on the last day of the month, with the US Federal Reserve upsetting markets when it reduced official interest rates by 25 basis points as anticipated but put paid to market expectations that this may be the beginning of an aggressive rate-cutting cycle.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?