MARKET WRAP: JSE pares gains as Powell sounds hawkish tone at ECB forum

The JSE pared earlier gains on Wednesday as investors mulled over the latest commentary on monetary policy from Federal Reserve Chair Jerome Powell.

Speaking on a panel at the European Central Bank forum in Sintra, Portugal, Powell said more restriction lay ahead, including the likelihood of more interest hikes...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 TimesLive Premium.

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WATCH: Market ReportBusiness Day TV talks to Caroline Cremen from Adviceworx
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Diving into the South African Forex market: A comprehensive guide for tradersIf you want to make money trading forex, you need to know what influences currency exchange rates.
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CONSCIOUS UNCOUPLING: Market shows the love as Naspers announces end of convoluted relationship with ProsusThe move to end the convoluted cross-holding arrangement will ultimately see a simplified group structure. With that news, both Naspers and Prosus ended the day on an up, gaining in value by 8.5% and 5.7% respectively.
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