MARKET WRAP: JSE follows global stocks higher

The JSE tracked firmer global markets on Monday, building on Friday’s gains, while markets await an address by US Federal Reserve chair Jerome Powell and key data from the US this week.

Focus remains firmly on inflation and the effects any further tightening of monetary policy will have on global growth. Investors will pay close attention to Powell, who is due to testify before Congress on Tuesday and Wednesday, while the non-farm payroll data is due on Friday...

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International Finance: Stocks rally slowed by China; commodities decline: markets wrapA gauge of Asian shares advanced along with US and European equity futures while Chinese stocks fell, weighed down by a modest economic growth target that diminishes the prospect of more stimulus from Beijing.
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DIY market falters as consumers feel the pinchHigh interest rates and increased costs for food and fuel have crimped discretionary spending dampening the growth prospects of home building and renovations companies. Let's not forget the ANC efforts: Greylisting Junk Status World record unemployment 60 Murders a day Rampant corruption Blackouts Bankrupt municipalities Broken SOEs.
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