MARKET WRAP: JSE pares gains after US inflation report

The JSE closed firmer but off the day’s high on Thursday after data showed US consumer inflation slowing as expected.

The consumer price index , which measures the cost of a broad basket of goods and services, fell 0.1% for December, while core inflation — which eliminates volatile food and energy prices and is regarded as a better indicator of underlying price pressures — rose 0.3% in the month and 5.7% from a year ago, also in line with expectations...

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International Finance: Stocks extend gains in Asia amid inflation focus: markets wrapEquities climbed in Asia on Wednesday, extending an advance seen on Wall Street as traders bet that the upcoming US consumer price index will show further softening.
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