The JSE all but recovered earlier losses on Thursday while markets elsewhere were mixed as investors marked time before Friday’s US employment data.
On Wednesday, data showed that US job openings fell less than expected in January, while a stronger-than-expected February private payrolls report suggested a resilient economy, with both numbers heightening concern that the Fed could hike rates by bigger increments and for longer...
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MARKET WRAP: JSE pares some losses, but risks remainStrong US private payrolls report is seen as increasing the likelihood of the Fed raising rates by a further 50 basis points
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Quilter reports jump in profit despite global market turmoilThe assets under management and administration of Old Mutual’s former wealth management unit fell more than 10% in 2022
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