The JSE and the rand ended the week softer on Friday as mounting tension between the US and China weighed on risk sentiment, while investors continue to monitor the rising number of Covid-19 cases.
Tension escalated between the two superpowers on Friday after China ordered the US to close its consulate in Chengdu. This was in response to an order by the US on Wednesday for China to close its Houston consulate within 72 hours.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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