News Formal

MARKET WRAP: JSE firms as UK’s new economic plan boosts investor sentiment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States News News

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

US earnings season is set to gain momentum this week with investors watching for clues on how the Federal Reserve’s aggressive interest-rate hikes have affected company profits

The JSE tracked firmer US and European markets on Monday as investors welcomed the new economic plan announced by the newly appointed UK Chancellor Jeremy Hunt, while the focus this week turns to US corporate earnings.

Hunt unveiled plans that will eliminate almost all of the tax cuts proposed under Kwasi Kwarteng’s budget. He replaced Kwarteng, who was sacked on Friday after just weeks in the job because his tax-cut-heavy economic plan sent UK bonds and the pound spiralling...

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Invest in companies, not countries[ICYMI] MoneywebNow podcast with SimonBrown, analysis of the UK’s economic turmoil and Absa’s Africa Financial Markets Index. Download podcast:
Source: Moneyweb - 🏆 5. / 77 Read more »

JSE firms as investors brace for US company earnings reportsThere are fears that the reports will indicate an economy set to slow dramatically, one analyst says
Source: BDliveSA - 🏆 12. / 63 Read more »