JSE faces blue Monday before busy week

The JSE could be subdued on Monday morning, with some negative local and global economic developments keeping risk assets under pressure.

The week ahead is busy, with new US tariffs due to kick in on Sunday and investors waiting to see whether a partial trade deal will be signed before it.A comfortable outright Conservative majority is predicted by the polls and priced at 70% according to the bookies, said National Australia Bank analyst Ray Atrill in a note.

In morning trade on Monday Asian markets were subdued, though Japan’s Nikkei added 0.23%, with third-quarter economic growth in that country revised upwards on Sunday.

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