MARKET WRAP: JSE tracks weaker global peers ahead of Fed’s policy decision

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

A 50 basis-point increase is already priced in and investors will be focusing on the US central bank’s next steps to tame inflation

The JSE tracked weaker global equities on Wednesday, as investors braced for the Federal Reserve’s interest rate decision that is widely expected to see rates hiked half a percentage point.

With that scenario already priced in, the focus will on more clues whether the Fed will be able to tame inflation without triggering a recession — a so-called soft landing. ..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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: Stocks and rand play catch up after Workers’ DayGlobal shares suffered a sharp sell-off overnight, prompting a 1.52% drop on the JSE on Tuesday, while the rand pared some of its recent losses
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE looks set for positive session on Tuesday amid global market recoveryGlobal markets staged a recovery on Monday from a steep sell-off on Friday I can't believe this I'm sure you have seen post about JonathanHele helping people, I gave her a try and I can boldly stand and tell everyone she is legit and real...
Source: BDliveSA - 🏆 12. / 63 Read more »

Local vendors urged to book their spots for My Cape Town MarketAre you a local vendor interested in showcasing your goods to consumers in Cape Town? Cape Town local vendors are urged to claim their spots in the upcoming market set to take place between 27-29 May.
Source: CapeTownEtc - 🏆 17. / 63 Read more »

Business Maverick: Emerging Market Debt Sales Plunge Amid Ukraine War, Rising RatesEmerging-market debt sales slumped to their lowest level for the month of April in a decade as war in Ukraine and the global march higher for interest rates deterred borrowers.
Source: dailymaverick - 🏆 3. / 84 Read more »