MARKET WRAP: The JSE and rand advance as weaker dollar boosts precious metals

Italia Notizia Notizia

MARKET WRAP: The JSE and rand advance as weaker dollar boosts precious metals
Italia Ultime Notizie,Italia Notizie

Risk-on sentiment gets a boost even as investors weigh the rollout of coronavirus vaccines

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

The JSE rose above the 60,000-point level and the rand strengthened for a fourth straight session on the first stock trading day of 2021 as a weaker dollar spurred precious metals prices and boosted investor appetite for higher yielding assets.

The rand strengthened against the dollar along with most emerging-market currencies, while the JSE climbed to its highest in more than two weeks. The price of commodities, which are priced in dollars, rallied as the greenback traded at its weakest level since April 2018...

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

BDliveSA /  🏆 12. in İT
 

Italia Ultime Notizie, Italia Notizie



Render Time: 2025-01-14 23:22:11