MARKET WRAP: JSE slips as investors await the Fed’s next move

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Brasil Notícia Notícia

Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally

The JSE retreated from its two-month high on Friday as investors considered the US Federal Reserve’s next steps for keeping inflation in check.

Riskier assets received a boost, with the JSE’s all share index rising 1.74% for the week after the US consumer and producer inflation numbers came in better than expected, fuelling hopes the Fed might slow its aggressive monetary tightening...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 Sunday Times Daily.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Asian stocks fall on Fed rate hike concernsInvestors remain unsure on how much the Federal Reserve will raise interest rate
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

Japan's yen bears brunt of market rethink on Fed - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Japanese yen fell the most against a resurgent US dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a lot more to contain inflation. A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake buy when I try it I realise that is real so I won’t keep silent I need everyone to smile like me Gabriel_FOS1 My encounter with Mark_bannes_CEO actually changed my life and for that I'll keep updating people for his good job thanks once again Mark_bannes_CEO
Fonte: SABCNews - 🏆 37. / 51 Consulte Mais informação »