News Formal

MARKET WRAP: JSE slips after slightly higher than expected US inflation data

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

The JSE closed weaker while global markets were mixed as investors digested US inflation figures, while also weighing up and the economic threat of rising Covid-19 cases worldwide.

The JSE closed weaker while global markets were mixed, as investors digested US inflation figures and the economic threat of rising Covid-19 cases worldwide.

US inflation jumped 6.8% year-on-year in November to the highest rate since 1982, data showed on Friday. The figure came in slightly higher than the 6.7% Bloomberg estimate, while the consumer price index, which measures the cost of a wide-ranging basket of goods, rose 0.8% for the month...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US weekly jobless claims at 52-year low as labour market tightensSharp drop in weekly jobless claims to 184,000 comes as US economy recovers from the worst of the Covid-19 pandemic
Source: BDliveSA - 🏆 12. / 63 Read more »