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MARKET WRAP: JSE has best day in a week as US jobs data boosts markets

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The rand broke below R17/$ for the time in three weeks

The JSE had its best day in a week on Thursday as global markets rallied following positive economic data and hopes for a Covid-19 vaccine.

US non-farm payrolls rose by 4.8-million in June as more states reopened and lockdown measures were eased. This was above expectations that private sector jobs would have risen by 2.9-million, according to Trading Economics.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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