JSE faces subdued Asian markets on Monday

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Asian bourses are flat or slightly lower as investors mull rising Covid-19 numbers and souring US-China relations

The morning, amid rising Covid-19 numbers and deteriorating US-China relations.

There was some improvement in mood in the market on Monday, said Oanda senior market analyst Jeffrey Halley in a note. Chinese data showed an improvement in industrial profits, while there appeared to be progress in the US regarding a follow-up Covid-19 stimulus package, he said.

Source: Financial Digest (financialdigest.net)

 

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