MARKET WRAP: JSE slips as stagflation hits the radar

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Analysts warn against undue optimism after Tuesday’s local GDP data as World Bank raises alarm on recession

The JSE tracked weaker European and US markets on Wednesday as investors maintained their focus on rising interest rates that, coupled with weak economic growth, has raised renewed fears of stagflation.

The World Bank has warned that many countries face recession amid high inflation along with rising interest rates, slowing economic growth and soaring oil prices in the wake of the war in Ukraine...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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks Williamchurch07

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 CA

Canada Canada Latest News, Canada Canada Headlines

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

MARKET WRAP: JSE surrenders Monday’s gainsAustralia’s surprisingly big rate hike catches investors by surprise with looming US jobs data and Fed meeting adding to the cautious mood
Source: BDliveSA - 🏆 12. / 63 Read more »

Market Watcher: JSE reacts to GDP data[MARKET WATCHER] PSG’s Schalk Louw discusses how the market has digested today’s GDP data and how this has impacted his investing strategy. MoneywebNews
Source: Moneyweb - 🏆 5. / 77 Read more »

Why savers are ditching the money marketSA investors are usually wary of risk, but many are dumping the safety of money market funds and turning to local equities. But does SA’s poor economic growth justify this approach? Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
Source: FinancialMail - 🏆 20. / 63 Read more »

GDP exceeds market projections, growing nearly 2% in first quarterThe manufacturing sector and trade industry were the biggest contributors to GDP growth
Source: BDliveSA - 🏆 12. / 63 Read more »