MARKET WRAP: JSE gains for a second day as markets digest US Fed chair’s speech

The JSE gained again while the rand weakened to back above R17/$ on Thursday as investors digested the changes to the US Federal Reserve’s policy framework.

US Fed chair Jerome Powell, during his speech at the Jackson Hole economic symposium, said that the Fed seeks to achieve inflation averaging 2% over time.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

MARKET WRAP: JSE firms as markets shift focus to US stimulusThe consumer price index accelerated to 3.2% in July from 2.2% in June
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Market data — August 25 2020Market data including bonds and forward rates
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

ANALYSIS: Searching for a blueprint to rescue SA: Tips from Germany’s social market economy modelCould Germany’s ‘miracle’ in rebuilding its shattered economy and society – after the hyperinflation of the 1920s and 30s, Nazism, the Holocaust and World War II – help avoid South Africa ‘doddering towards a failed state’?
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »

Market data - August 26 2020Market data including bonds and fuel prices
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Market cap of world's top five carmakers plunges $63bnCovid-19 closures cause combined values of VW, Toyota, Daimler, Ford and GM to plummet
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »