MARKET WRAP: JSE firms as Omicron fears ease

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Indonesia Berita Berita

Rand strengthens for third straight session even after Fed’s hawkish comments on tapering of asset purchases

The JSE tracked stronger global markets on Wednesday, as investors concerns about the effect of the Omicron variant of Covid-19 on the world economy eased.

However, comments by US Federal Reserve chair Jerome Powell on Tuesday that the central bank’s asset purchases may need to be tapered faster to fight rising inflation remain a source of unease...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 Sunday Times Daily.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

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 and rand recover from Friday’s sell-offRand recovered after the president said government had decided not to tighten lockdown curbs until more information was available on Omicron
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

MARKET WRAP: JSE bucks global trend, led by minersMajor international markets were all weaker, bar Shanghai, as investors remain concerned about the Omicron variant
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Shake-up at Zara owner Inditex catches market by surpriseInditex stock plunges as founder’s daughter, Marta Ortega, named chair and CEO to be replaced after just two years
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Bidcorp reports record first-quarter trading results and gains in market shareFood services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

WATCH: Market ReportBusiness Day TV spoke to Caroline Cremen from Adviceworx
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Bidcorp reports record first-quarter trading results and gains in market shareFood services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »