News Formal

MARKET WRAP: JSE weaker with focus on Fed’s minutes

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Malaysia News News

The JSE was weaker on Wednesday morning as investors awaited the minutes from the recent federal open market committee meeting.

The JSE was weaker on Wednesday morning along with its global peers as investors awaited minutes from the recent federal open market committee meeting that were due for release late yesterday.

Minutes from the June 13-14 meeting will provide more details on where the Federal Reserve’s monetary policy is heading. While the decision to hold interest rates steady was not a surprise, indications that members see at least two more hikes before the end of the year came as a surprise for investors. ..

 

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 marginally firmer, rand little changedMarket focus remains on inflation, more interest rate hikes and global recession as the second half of the year begins
Source: BDliveSA - 🏆 12. / 63 Read more »

The JSE’s best and worst-performing stocks so far this yearThe JSE has been unable to keep up with its global peers, despite ending the first half just over 4% stronger. Moneyweb Stocks
Source: Moneyweb - 🏆 5. / 77 Read more »

The JSE’s best and worst-performing stocks so far this year
Source: Moneyweb - 🏆 5. / 77 Read more »

Oil up as market weighs supply cuts against gloomy economic outlookOil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against a weak global economic outlook.
Source: ReutersAfrica - 🏆 31. / 53 Read more »