News Formal

MARKET WRAP: JSE in holding pattern before Jackson Hole

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Investors appear unwilling to take big positions, preferring to wait for guidance from monetary policymakers at the annual symposium in the US

The JSE ended flat on Wednesday after a patchy session, which suggests that traders are reticent to make big bets before the Jackson Hole Symposium in the US from Thursday to Friday.

“It’s interesting that the fear of what could be said is seemingly having a far greater impact on sentiment and the markets than what has actually been communicated in recent weeks,” said Craig Erlam, senior market analyst at Oanda The JSE gained less than 0.1% with the all share closing at 69,808.71 points, as pockets of strength in resource and industrial stocks were counterbalanced weakness in financial stocks and listed property.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: Big Tech Leads Stocks Higher Before Jackson Hole: Markets WrapTech megacaps outpaced the broader stock market, with traders awaiting Jerome Powell’s speech on Friday for clues on how hawkish the Federal Reserve will be in the face of mounting economic challenges.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

MARKET WRAP: JSE bucks lower trend in EuropeResources and gold shares drive the bourse to a firmer close, with oil boosted by talk of Opec+ production cuts
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

S&P 500 ends down as investors eye slowing economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The S&P 500 ended down on Tuesday as investors focused on data showing a slowing economy ahead of a US Federal Reserve gathering later this week in Jackson Hole, Wyoming.
La source: SABCNews - 🏆 37. / 51 Lire la suite »

Business Maverick: Stocks Drift Sideways After Weak Economic Reports: Markets WrapStocks struggled for direction, with traders sifting through weak economic data and awaiting more clarity on the Federal Reserve’s monetary policy path from the Jackson Hole central bankers’ symposium later this week.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »