MARKET WRAP: JSE shakes off US inflation report

The JSE tracked firmer US and European markets, while the rand firmed along with the emerging-market currencies even though the US reported higher-than-expected inflation.

The consumer price index for April rose to 8.3%, above the 8.1% forecast by economists surveyed by Bloomberg, but below the 8.5% recorded in March. However, the so-called core price measure — which strips out grocery and fuel costs — gained up 0.6% from the prior month, faster than its 0.3% increase in March...

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

MARKET WRAP: JSE breaks five-day losing streakBut analysts warn that volatility is likely for the time being as risks stemming from slowing economic growth as China grapples with Covid-19, global supply-chain difficulties and the effects of the war in Ukraine remain elevated I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: BDliveSA - 🏆 12. / 63 Read more »

Market Watcher: JSE takes a swingPSG's Schalk Louw comments on factors leading to the market's positivity, the impact of inflation on commodity prices, whether we should be buying banks, and Raubex's trading statement.
Source: Moneyweb - 🏆 5. / 77 Read more »

Stocks, US futures gain as China Covid cases ease: markets wrapAsian stocks rose Wednesday amid a China rally sparked by declining Covid cases, which spurred hopes that growth-sapping lockdowns could be loosened. Treasuries were steady ahead of a US inflation report. Moneyweb Asian China New to trade? you are to understand that before you earn profit you must be investing a certain amount your investment determine your earning profit, as low as $300 investment can earn you up to $970, and not $5000📛 good info makes good earning, dm her stephinieweller to trade
Source: Moneyweb - 🏆 5. / 77 Read more »

Just what is eating the US stock market in 2022?A combination of factors has resulted in a dismal first four months, chief among them the policy change at the Federal Reserve I'm really grateful for all the efforts you have render to me with my little investment of $7000 and with joy over me after withdrawing $70,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

Icasa extends long-running probe of pay TV marketInvestigation is being expanded to include streaming services which pay-TV operators say enjoy an unfair advantage, pay no tax and are subject to less scrutiny
Source: BDliveSA - 🏆 12. / 63 Read more »

Sanlam Private Equity targets R3bn for new mid-market fundSPE plans to raise fresh capital and partially recycle R1.9bn in proceeds from the sale of three investments in the past year
Source: BDliveSA - 🏆 12. / 63 Read more »