MARKET WRAP: JSE firms as investors cast fears aside

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Local market follows its European and US peers, shrugging off concerns about sustained inflation, supply-chain breakdowns and the US approaching its debt limit

The JSE closed firmer on Wednesday, tracking European and US markets that cast aside fears of sustained inflation, supply-chain breakdowns and the US approaching its debt limit.

Speaking at the US Senate banking committee hearing in Washington on Tuesday, Federal Reserve chair Jerome Powell said inflation was now more of a concern than it had been earlier in 2021. Speaking alongside treasury secretary Janet Yellen, Powell said the test for raising rates was higher, and that even though bond purchases would be tapered, they would continue until mid-2022...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

MARKET WRAP: Rand weakens to a five-week low on global inflation fearsInvestors head for the dollar as concern mounts that central banks are set to start increasing interest rates soon
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Reserve Bank of Zimbabwe has black market traders in its crosshairsThe Reserve Bank of Zimbabwe (RBZ) has set its sights on parallel-currency market traders, in a move it hopes will stabilise exchange rates in the economy.
Källa: SowetanLIVE - 🏆 13. / 63 Läs mer »

MARKET WRAP: Rand weakens to a five-week low on global inflation fearsInvestors head for the dollar as concern mounts that central banks are set to start increasing interest rates soon
Källa: BDliveSA - 🏆 12. / 63 Läs mer »