News Formal

MARKET WRAP: JSE tracks weaker global stocks amid Fed’s glum economic outlook

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Spain re-emerges as the epicentre of the coronavirus pandemic in Europe after recording the highest number of daily infections on the continent this week

The JSE tracked weaker global markets on Thursday as Europe grapples with a surge in Covid-19 cases, while a dire economic outlook from the US Federal Reserve also weighed on sentiment.

France reported its biggest increase in new coronavirus cases since early May, before the country emerged from an almost two-month lockdown. Meanwhile, Spain has re-emerged as the epicentre of the coronavirus pandemic in Europe after recording the highest number of daily infections on the continent this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

MARKET WRAP: JSE tracks weaker Asian market and Truworths surgesShares in petrochemical producer Sasol fell for the fourth day running as it prepares to execute a rights issue to pay down its debt pile
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand posts biggest gain in a week and Sasol slumpsChemicals giant Sasol, which has lost more than half of its value in 2020, considers issuing more shares
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Dollar Pressure Endures; Storm Delays Hong Kong: Markets WrapThe dollar remained near a more than two-year low while Asian stocks traded Wednesday with diverging moves despite a record close for U.S. equities. The morning session for Hong Kong’s equity market was canceled due to a typhoon.
Source: dailymaverick - 🏆 3. / 84 Read more »

Africa needs a free market and strong property rights to solve its food security problems | CitypressOPINION | The liberalisation of the agriculture sector across African countries could stimulate important innovations and boost production efficiency, writes Theophilus Oladipo.
Source: City_Press - 🏆 7. / 72 Read more »

Market reaction against Tencent a likely overreactionThe most sensible course for Naspers investors for the moment would be to do nothing
Source: BDliveSA - 🏆 12. / 63 Read more »

Apple’s market value tops $2-trillionIPhone maker's market-cap doubling to $2-trillion took two years, compared with the four decades it took to reach $1-trillion
Source: BDliveSA - 🏆 12. / 63 Read more »