MARKET WRAP: Rand, JSE weaker as focus shifts to central bank rates decisions

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Investors are braced for a busy week of earnings and interest rates decisions from the Fed, ECB and Bank of England

The rand weakened on Monday, while the JSE closed weaker amid mixed global peers as investors braced for a busy week of earnings and a possible interest rate hike from the US Federal Reserve.

The local currency weakened more than 1% in intraday trade, touching R17.39/$ a level last seen almost four weeks ago...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.

 

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

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.

MARKET PREVIEW: JSE could tread water as markets await Fed policy meetingThe all share index rose nearly 2% last week, stretching the month-to-date gains to just less than 11%
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Employment equity fines on cards for JSE-listed companiesEmployment and labour department will check compliance of JSE-listed companies with transformation legislation
La source: BDliveSA - 🏆 12. / 63 Lire la suite »