News Formal

MARKET WRAP: JSE edges higher but European prices keep investors on edge

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

Inflation in the euro area surged 8.1% in May — the highest annual level since the creation of the single currency in 1999

The JSE closed slightly firmer on Tuesday as the easing of lockdown restrictions in China was offset by concern about record inflation in the EU.

News that Shanghai, China’s economic centre, has eased Covid-19 curbs after a two-month lockdown initially lifted sentiment. However, the ECB later reported that prices in the euro area surged 8.1% in May — the highest annual level since the creation of the single currency in 1999 — fuelled by sharply higher energy costs...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE and rand firm as China plans to ease lockdown restrictionsRand trades at its best level in three weeks while JSE rises 2% on improved sentiment Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
Source: BDliveSA - 🏆 12. / 63 Read more »

Mobile phone companies spend big bucks to capture growing data market | Fin24As data services become the new money spinner for telecommunication companies, operators are coughing up for infrastructure investment in a bid to assert themselves as key players. | Fin24 Fin24 With sincerity and gratitude in my heart I am sharing this testimony so other people will know that this platform is really legitimate am grateful AmelieBtc1
Source: News24 - 🏆 4. / 80 Read more »

WATCH: Market ReportBusiness Day TV talks to Caroline Cremen from Adviceworx
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Caroline Cremen from Adviceworx
Source: BDliveSA - 🏆 12. / 63 Read more »

Samsung claims biggest chunk of smartphone market in 5 yearsNearly one in every four smartphones sold globally in April 2022 was made by Samsung.
Source: mybroadband - 🏆 11. / 67 Read more »

SA trails behind global market with 1.5K electric vehiclesThe local electric vehicle market sees slow but steady growth − with sales marketed exclusively from premium brands − reaching 1 559 units at the beginning of 2022. IEA uYiloZA Because it’s the only market…?
Source: ITWeb - 🏆 45. / 51 Read more »