MARKET WRAP: JSE and rand firm as investors digest rate hikes at home and abroad

The JSE closed firmer and global peers were mixed on Thursday as the rand firmed with investors digesting policy decisions by the Reserve Bank and the European Central Bank .

The Reserve Bank’s monetary policy committee raised the repo rate for a fifth successive meeting — by 75 basis points to 5.5% — in a move to curb accelerating inflation, which remained above the Bank’s target range of 3%-6%. Annual consumer inflation reached a 13-year high of 7.4% in June, well above May’s 6.5%, according to latest figures from Stats SA...

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

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.

MARKET WRAP: JSE firmer as positive US company earning reports lift sentimentThe Sandton-based stock exchange reversed earlier losses after a set of positive earnings showed businesses working through economic pressures
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE and rand weaker as investors digest inflation lurchArcelorMittal bucks the trend with 16% advance after steelmaker says it expects profit bump
Source: BDliveSA - 🏆 12. / 63 Read more »

Futures gain, stocks extend rally as dollar dips: markets wrapStocks extended a rally Wednesday amid a retreat in the dollar and speculation that the worst of this year’s equity rout may be over. Moneyweb Stocks Markets
Source: Moneyweb - 🏆 5. / 77 Read more »

The market has crashed. Now what?[ADVISOR VIEW] A stock market crash provides you with the perfect opportunity to increase your equity allocation at a reasonable cost. However, it's also important that you don't make panic buys: JonathanBraans - NFBwealth. PersonalFinance Investing
Source: Moneyweb - 🏆 5. / 77 Read more »

WATCH: Market ReportBusiness Day TV talks to Viv Govender from Rand Swiss Offshore
Source: BDliveSA - 🏆 12. / 63 Read more »

SA's housing market is booming – especially in Cape Town – despite rising interest rates | BusinessinsiderActivity in South Africa's housing market surged in the second quarter of 2022, with Cape Town suburbs attracting special attention. Headline should be: inequality is booming in South Africa
Source: BISouthAfrica - 🏆 34. / 51 Read more »