MARKET WRAP: Record UK inflation sends JSE reeling

The JSE reversed Tuesday’s gains as investors once again turned their attention to inflation, the prospect of further aggressive interest rate hikes and their effect on the global economy.

Consumer prices in the UK rose by 9% in April, the highest in 40 years, adding pressure on the Bank of England to act decisively and prompting a decline of 1.07% in London’s FTSE 100. Economists surveyed by Bloomberg had expected an inflation reading of 9.1%, ..

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: Rand, JSE firm as sentiment picks upPositive news from China and strong earnings by US retailers bolsters markets, but analysts warn the positive mood could prove temporary I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just $5000 i got $50,000 in 7days Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Anthea Gardner from Cartesian Capital I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just $5000 i got $50,000 in 7days Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — May 16 2022Market data including bonds and fuel prices I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: BDliveSA - 🏆 12. / 63 Read more »

PROPERTY PRICES: Will SA Reserve Bank interest rate hikes cool the housing market?Rising interest rates will have an impact on South Africa’s housing market, according to industry players. But the degree of that impact and when it will be felt the most is anyone’s guess.
Source: dailymaverick - 🏆 3. / 84 Read more »

Polish property market not impacted by Russia-Ukraine conflict, says Redefine CEOKönig believes that the retail property market in Poland will benefit from increased spending, with over 2m Ukrainian refugees currently in the country. Moneyweb property Ukraine
Source: Moneyweb - 🏆 5. / 77 Read more »

Business Maverick: Musk Seen by Market Pros as Winning Twitter Deal at Lower PriceElon Musk’s takeover of Twitter Inc. has become a big question after a series of mixed messages from the billionaire. But despite the stock’s wild swings, merger experts still expect the deal to go through -- as long as the price comes down.
Source: dailymaverick - 🏆 3. / 84 Read more »