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Indonesia Berita Berita

China Evergrande statement on debt payment bolsters sentiment but analysts caution the relief may be temporary

The JSE tracked global markets higher on Wednesday after Evergrande Group said it will pay interest due on Thursday to bondholders in China, easing concerns that the property developer could default on billions of dollars in debt.

Investors were also waiting for the scheduled release of the Federal Open Market Committee’s minutes later on Wednesday for insights about the US Federal Reserve’s plans on tapering its expansionary monetary policy and the prospects for subsequent increases in interest rates...

 

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ᴍʏ sᴜᴄᴄᴇss ɪɴ ᴛʜᴇ ᴏᴘᴛɪᴏɴ ᴍᴀʀᴋᴇᴛ ᴡᴀsɴ'ᴛ ᴘʟᴀɴɴᴇᴅ, ʙᴜᴛ ᴛᴏᴅᴀʏ ɪ'ᴍ ᴀ ᴛʀᴜᴇ ᴅᴇғɪɴɪᴛɪᴏɴ ᴏғ ɢʀᴀᴄᴇ,, ʜᴀs ɴᴇᴠᴇʀ ғᴀɪʟᴇᴅ ᴍᴇ, ʏᴏᴜ ᴄᴀɴ ғᴇᴇʟ ғʀᴇᴇ ᴛᴏ ᴄᴏɴᴛᴀᴄᴛ LindaStouffes

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