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MARKET WRAP: JSE firms as strong earnings in the US lift global sentiment

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The rand also benefited from global risk-on sentiment, but a number of challenges continue to threaten the global economic recovery

The JSE tracked firmer global markets on Friday as investors cheered strong company earnings in the US, while inflation fears are beginning to show signs of easing.

US producer inflation came in lower than expected on Thursday, rising 0.5% month-on-month, its slowest pace so far in 2021, while strong earnings reports from major US banks further boosted sentiment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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