The JSE is facing mixed Asian markets before the SA Reserve Bank announces its latest interest rate decision on Thursday afternoon, with a hike expected, while the markets in Hong Kong reopened after the Lunar New Year holiday.
The Nikkei in Japan lost 0.30%, while the Hang Seng gained 1.73% on the back of pent-up trading and hopes that the US Federal Reserve will slow its rate of interest rate increases. Markets in mainland China remain closed...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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JSE makes cautious gains as stocks struggle for directionImpressive US PMIs matched the eurozone’s, which could support the argument that both the Fed and the ECB can keep raising interest rates
Source: BDliveSA - 🏆 12. / 63 Read more »