News Formal

MARKET WRAP: JSE firms as UK’s new economic plan boosts investor sentiment

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

France Nouvelles Nouvelles

US earnings season is set to gain momentum this week with investors watching for clues on how the Federal Reserve’s aggressive interest-rate hikes have affected company profits

The JSE tracked firmer US and European markets on Monday as investors welcomed the new economic plan announced by the newly appointed UK Chancellor Jeremy Hunt, while the focus this week turns to US corporate earnings.

Hunt unveiled plans that will eliminate almost all of the tax cuts proposed under Kwasi Kwarteng’s budget. He replaced Kwarteng, who was sacked on Friday after just weeks in the job because his tax-cut-heavy economic plan sent UK bonds and the pound spiralling...

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Invest in companies, not countries[ICYMI] MoneywebNow podcast with SimonBrown, analysis of the UK’s economic turmoil and Absa’s Africa Financial Markets Index. Download podcast:
La source: Moneyweb - 🏆 5. / 77 Lire la suite »

JSE firms as investors brace for US company earnings reportsThere are fears that the reports will indicate an economy set to slow dramatically, one analyst says
La source: BDliveSA - 🏆 12. / 63 Lire la suite »