The JSE ended little changed on Thursday after the US Federal Reserve’s mixed signals overnight about the trajectory of inflation and interest rates — the two interrelated themes that have been driving market psychology for months.
The all share eked out a gain of 0.06% to settle at 71,011.30 points, with the top end of the resource market recovering 1% after steep losses a day earlier. ..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.
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Dollar firm as Fed digs in for inflation fight - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The dollar was on the front foot on Thursday after minutes from the Federal Reserve’s July meeting pointed to US interest rates staying higher for longer to bring down inflation.
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Dollar steady before retail sales, Fed minutes - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The dollar was little changed against a basket of currencies on Tuesday as investors waited on US retail sales and minutes from the Federal Reserve’s July meeting on Wednesday. I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01 Am looking forward to the day we use that as wallpaper, & to light up Braai fires...
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Dollar pares gains as some Fed officials show caution on growth - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The US dollar pared its gains on Wednesday after minutes from the Federal Reserve’s July meeting showed that Fed officials are concerned the US central bank could raise rates too far as part of its commitment to get inflation under control.
Source: SABCNews - 🏆 37. / 51 Read more »