MARKET WRAP: JSE succumbs to interest rate concerns

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

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Strong weekly US jobs data and higher underlying inflation in Europe strengthen the case for further monetary tightening

The JSE closed weaker on Thursday, while global markets rebounded mildly amid renewed concerns about further rate increases in the wake of supportive economic news.

Initial jobless claims in the US fell in the past week, according to Labor Department data, pointing to sustained labour market strength in the world’s biggest economy and adding to fears that the Fed could keep hiking interest rates for longer...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 TimesLive Premium.

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
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

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.

MARKET WRAP: China data gives the rand and JSE a welcome boostFactory activity in the world’s second-biggest economy far exceeded expectations, which is good news for commodity producers
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Business Maverick: Asian equities swing lower, led by China tech: markets wrapA gauge of Asian stocks dipped, led by declines in Hong Kong-listed technology shares, and US equity futures dropped as traders continued to digest more hawkish comments by Federal Reserve officials.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »