After a fallow past two months, markets have recovered some of their mojo after the US central bank left borrowing costs on hold for a second straight meeting and hinted that no more were likely.
"But coming in near or on the breadth of economist's guesses would probably hit a high note for investors." And Capital Group's Andy Budden added that"the really big message for investors is that this moment of central banks peaking is likely to be the opening of a window where it’s going to be a really good time to get invested".
Barclays co-head of global markets Stephen Dainton warned that this being the end of Fed tightening was"very unlikely".
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.
Source: Moneyweb - 🏆 5. / 77 Read more »