South Africa Manufacturing Data Just Dropped And It's A Red Flag 🚩
The latest South Africa Manufacturing Production YoY for November came in at -1.0%, a sharp drop from the previous 0.2%. This signals serious headwinds in the real economy, which often correlates with broader risk-off sentiment in global markets, potentially impacting assets like $BTC. Keep a close watch on how this feeds into global liquidity concerns.
#MacroUpdate #RiskOff #GlobalEconomy 📉

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