MARKET WRAP: JSE pares losses despite poor CPI data

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

Malaysia News News

Investors take some comfort from the lack of surprises in Federal Reserve chair Jerome’s testimony before Congress

The JSE closed weaker on Wednesday but off session lows after Federal Reserve Chair Jerome Powell said the US central bank remained “strongly committed” to bringing taming inflation.

PremiumA 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.
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: JSE steadies again, but risks remainInvestors shouldn't let the second straight day of gains mask the dark cloud of uncertainty over equities, analyst warns
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Rally Builds After $2 Trillion Wipeout; Yields Up: Markets WrapUS equities rebounded Tuesday after last week’s rout erased nearly $2 trillion from the S&P 500. Treasuries retreated.
Source: dailymaverick - 🏆 3. / 84 Read more »

Mortgage lenders timed market perfectlyHome-loan providers sold at the top and their shareholders are counting the losses.
Source: BDliveSA - 🏆 12. / 63 Read more »

Kaizer Chiefs transfer news: What else do Amakhosi need in the market?Kaizer Chiefs transfer news: What else do Amakhosi need in the market? Kaizer Chiefs have, so far, reinforced their squad with no fewer than seven new players, including Mduduzi Shabalala from their development.
Source: TheSAnews - 🏆 25. / 59 Read more »

Position your company as an ICT market leader on What’s NextWhat’s Next with Aki Anastasiou is South Africa’s most popular technology talk show, and the ideal platform to position your business as a leader in the ICT market.
Source: mybroadband - 🏆 11. / 67 Read more »

WATCH: Market ReportBusiness Day TV talks to Caroline Cremen from AdviceWorx
Source: BDliveSA - 🏆 12. / 63 Read more »