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JSE pulls back slightly as market eyes US-Sino trade talks

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President Donald Trump is meeting with Chinese leaders later on Thursday, amid speculation a deal is imminent

The JSE gave up a little of its recent gains on Thursday morning, as global markets treaded water as US-China trade talks resume.

Though global sentiment was still somewhat positive, many investors were unwinding their positions, having possibly been overzealous in expecting continued loose monetary policy, said SPI Asset Management head of trading Stephen Innes.

 

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