News Formal

MARKET WRAP: Rand, JSE rally as US inflation surprises

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

대한민국 뉴스 뉴스

Markets welcome better-than-expected monthly CPI data from the Labor Bureau, but warn that the rand still faces headwinds

The rand reversed course on Tuesday, gaining the most in more than two weeks, while the JSE tracked firmer global markets after the US reported better-than-expected inflation data, raising hopes that prices are peaking.

US consumer price inflation at an annual rate of 7.1% in November, below the market expectation of 7.3% and down from 7.7% in October. Core inflation, which excludes volatile food and energy prices, rose 0.2% in the month and 6% year on year, also estimates of 0.3% and 6.1%, respectively...

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

International Finance: Dollar up, stocks down as traders eye rate paths: markets wrapThe dollar advanced and stocks extended declines in Asia at the start of a pivotal week for markets, with interest rate decisions due from the Federal Reserve, the European Central Bank and a host of their peers.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »