MARKET WRAP: JSE firms as investors await the Fed’s policy meeting minutes

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Rand stronger against dollar as prices of gold, platinum and Brent crude improve

The JSE reversed the session’s losses on Wednesday, gaining cautiously as investors turned to minutes of the US Federal Reserve's December policy meeting.

Investors were hoping to gain insight into the thinking on interest rates of the central bank’s members from minutes of their meeting to be released in the evening. Previous comments were that rates may have to go higher for longer despite cooling inflation. ..

 

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