JSE faces continued Asian market pressure on Monday

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Investors remain jittery as they consider the willingness of central banks to aggressively fight inflation at the expense of growth

The JSE looks set to contend with continued global risk aversion on Monday morning, with Asian markets lower as investors consider the growing risks posed by Covid-19 in China and central bank policy.

The US Federal Reserve had delivered on a 50 basis point hike increase on Wednesday, signalling two more are on the way, while the Bank of England had indicated it expects a mild recession in 2023.

 

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