The JSE touched its weakest level in a month, tracking global markets lower as investors anticipate the US Federal Reserve will need to act more aggressively after Friday’s worse-than-expected inflation report.
The local bourse extended Friday’s losses, falling more than 2% as sentiment remained preoccupied by last week’s news that the US May consumer price index came in at its highest level since 1981. The report showed prices rose 8.6% year on year, while core inflation, which excludes food and energy prices, came in at 6%. The market expectation was an increase of 8.3% overall and 5.9% for core inflation...
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:
I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1
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.
JSE, rand bleed amid global market selloff | Fin24The JSE's All-Share index lost more than 2% on Monday. As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo.
Source: Fin24 - 🏆 21. / 63 Read more »
A new indoor market to visit: MishMash MarketThere's a new market in town and we're stoked! There will be lots of goodies on offer, from food to quirky crafts. Plus, an epic cupcake throwdown between some unlikely bakers. Here are the details:
Source: CapeTownEtc - 🏆 17. / 63 Read more »
Business Maverick: Stocks Knocked Down With Fed Walking a ‘Tightrope’US stocks hurtled toward a bear market, Treasury yields spiked to levels not seen in a decade and the dollar powered higher as speculation mounted that the Federal Reserve’s efforts to tame runaway inflation will plunge the economy into a recession. Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable. I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1
Source: dailymaverick - 🏆 3. / 84 Read more »