JSE at one-month low as market reduces Fed rate cut expectations

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

España Noticias Noticias

España Últimas Noticias,España Titulares

Global markets are broadly lower on Tuesday, with investors awaiting a speech later in the day by US Fed chair Jerome Powell

The JSE tracked broadly weaker global markets on Tuesday morning, with only gold miners lifted a little by safe-haven trade, as markets continued to dial back expectations of US interest-rate cuts.

An upbeat US jobs report on Friday caused the shift in expectations, and focus is now upon a speech by US Federal Reserve chair Jerome Powell, expected at 2.45pm SA-time.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

JSE set for weak start on Monday as Asian stocks slide on US jobs dataMarkets will closely monitor Federal Reserve chair Jerome Powell’s testimony to the Congress on Wednesday and Thursday amid renewed attacks on him
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Asia stocks fall as hopes fade for big Fed rate cutTwo-week low for stocks as tech firms are pulled lower by Apple slump
Fuente: BDliveSA - 🏆 12. / 63 Leer más »