The JSE weakened while the rand hovered around October 2020 lows after the US reported worse-than-expected inflation data on Wednesday, further fuelling concern that the Federal Reserve will maintain its aggressive stance on taming rising prices.
The euro dropped below parity to the dollar for the first time in almost two decades on the news, with growing concern about rising recession risks in the euro area continuing to batter the single currency...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.
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MARKET WRAP: JSE pares losses ahead of US inflation dataRand stages a mild rebound, but the focus remains firmly on rising prices and the likelihood of further interest rate hikes I have always hated Bitcoin and thought it was a scam until a friend referred me to Mike_Rosehart , I made my first withdrawal of R100,000 in 2 weeks thanks to Mike_Rosehart.
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JSE faces Asian market pressure on Tuesday as investors eye US inflationCaution prevails as US earnings season gets under way and investors await inflation data
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Business Maverick: Stocks Waver as Treasuries Sound Recession Alarm: Markets WrapStocks fluctuated as the Treasury curve inversion deepened to levels last seen in 2007, underscoring fears that Federal Reserve rate hikes will sink the economy into a recession. Oil fell below $100 a barrel.
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Market data — July 12 2022Market data including bonds and fuel prices
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WATCH: Market ReportBusiness Day TV speaks to Anthea Gardner from Cartesian Capital I have always hated Bitcoin and thought it was a scam until a friend referred me to Mike_Rosehart , I made my first withdrawal of R100,000 in 2 weeks thanks to Mike_Rosehart.
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