News Formal

MARKET WRAP: JSE shines as Fed prepares statement

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Rand weakness persists as Fed is expected to announce a reduction of monetary policy support, supporting the dollar

The JSE powered ahead for a second day on Wednesday, outperforming its global peers as investors await the US Federal Reserve’s policy decision later in the day.

The Fed is expected to announce a reduction in its monetary policy support as concern about elevated inflation mounts. However, officials at the world’s most influential central bank have said rate hikes won’t be on the table until its bond-buying programme ends...

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Global stocks remain at record highs as all eyes turn to the FedEquities hover at record highs while currency markets and US treasuries are steady as investors await the expected tapering of stimulus
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Makwe Masilela from Makwe Fund Managers
Source: BDliveSA - 🏆 12. / 63 Read more »

Is offshore exposure from the local market enough?Global investing offers South Africans unique and compelling benefits – the most fundamental of which spread your overall investment risk.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

WATCH: Market ReportBusiness Day TV talks to Makwe Masilela from Makwe Fund Managers
Source: BDliveSA - 🏆 12. / 63 Read more »