| Get your new week off to the right start by making sure you're up to speed with the most interesting stories on the JSE. Ghost Wrap needs just 8 minutes of your time to update you on Woolworths, Shoprite, Liberty Two Degrees, Spur, AVI, British American Tobacco, Anglo American and ArcelorMittal. Brought to you by Mazars, you'll find it here>>> Did you miss out on bizval's webinar last week? If you're an entrepreneur and you want to understand exactly how (1) sales and (2) other important layers add to the value of a business, then be sure to watch this recording>>> Episode 135 of Magic Markets is a review of the latest trades made in our portfolios. Focusing on global stocks, we talked about all kinds of stocks ranging from the likes of Apple and Microsoft through to TripAdvisor and Carnival Corporation. Find it here>>> A solid set of numbers at WoolworthsAdding its voice to the recent updates in the retail sector, Woolworths came out with a decent set of numbers that showed an interesting acceleration in the local Woolworths Food business in the second half despite load shedding. Fashion, Beauty and Home couldn't pull off a second half acceleration, though it still grew during the tough months. With David Jones now a discontinued operation, the Australia and New Zealand numbers are all about Country Road Group. In other retail news, there's a new management team at Spar. This includes an internal appointment to the CEO role and a particularly interesting COO appointment that demonstrates the "turnaround" nature of Spar at the moment. In other management news, Netcare's long-standing CEO has indicated that he will be retiring next year. Other news in Ghost Bites this morning includes the AYO circular for the GEPF repurchase, a potential acquisition by Clientele, tou gh news from Delta Property Fund, ship transactions and some numbers from Grindrod Shipping, a strategic update at Old Mutual and the timing of financial results at Salungano. Get all of it with a single click in Ghost Bites here>>> Volatility in the randTreasuryONE notes that we saw a yo-yo day for the local currency on Friday with a 40-cent range. The rand came close to reaching R18.00 to the dollar after a week that included interest rate increases by the Fed and ECB, as well as the Bank of Japan adjusting its yield curve control policy and promising more flexibility. But after the release of the Core PCE index in the US, the Fed's key inflation indicator, the dollar weakened based on the index printing below expectations and the rand strengthened to R17.58. We have another busy week of data ahead, including US payroll figures on Friday and Manufacturing and Service PMI data. The RBA and BoE are both expected to hike rates. First up, we have Q2 GDP data for the Eurozone and manufacturing data out of China. With the rand currently in a range of R17.50 to R18.00, there is potential for significant volatility this week. Have a great Monday!
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