MARKET WRAP: JSE muted as investors looks to Powell’s address for clarity

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Indonesia Berita Berita

Market participants view the Fed chair’s appearance at the Economic Club as a chance to offer more clarity on where rates are headed

The JSE was little changed on Tuesday while its global peers were mixed as the focus turned to a speech to be delivered by US Federal Reserve chair Jerome Powell.

Powell will deliver a speech at the Economic Club of Washington at 9pm local time. After Friday’s surprisingly strong jobs data, market participants view Powell’s appearance at the Economic Club as an opportunity for him to offer more clarity on where rates are headed, or clarify some comments made after last week’s 25 basis point interest rate hike on “disinflationary” signs in the economy...

 

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: Rand at worst level in six weeks as dollar soarsThe JSE tracked global peers weaker as investors assessed the US Federal Reserve’s next move
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

HEIDI STERNBERG: Lack of JSE juniors and exploration companies a threat to our minesSA must make significant changes to attract and fund prospecting if it is to sustain and grow its mining sector
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

International Finance: Asian equities drop; yen declines on BOJ report: markets wrapStocks in Asia dropped as an unexpectedly strong US jobs report raised the prospects of more rate hikes from the Federal Reserve, while concern over US-China geopolitical tensions also weighed on sentiment.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »