MARKET WRAP: JSE firmer as investors await US data

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Release of jobs report and the minutes of the Fed’s most recent policy meeting will give further insight into the state of US economy

The JSE entered into the new year firmer on Tuesday, tracking its global peers, with data scheduled this week expected to set the tone for the short term.

Issues that plagued markets in 2022 — inflation, the Federal Reserve’s rate hikes and concerns about a possible recession in the US and other developed economies — are still of concern, though investors are looking for signs that the global economy might recover in 2023...

 

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