The rand weakened along with other emerging-market currencies on Friday, falling the most in two months, while the JSE followed mostly stronger global counterparts as investors digested the unexpectedly strong jobs report in the US.
US nonfarm payrolls increased by 517,000 for January, far higher than the 187,000 market estimate — and December’s gain of 260,000, while the unemployment rate fell to 3.4% versus the estimate for 3.6%...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.
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 WRAP: JSE and rand firm as Fed meeting draws to a closeAll eyes are on Fed chair Jerome Powell who will give a briefing after a widely expected 25 basis-point rate hike
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
MARKET WRAP: JSE muted after wave of rate hikesEuropean Central Bank and Bank of England follow the Federal Reserve’s tightening action and warn of more to come
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
MARKET PREVIEW: Rand surges on Fed chair’s dovish inflation commentsThe SA currency hops 2% after the US Federal Reserve’s recent policy meeting, joining the global market rally
La source: BDliveSA - 🏆 12. / 63 Lire la suite »