JSE likely to trade lower in line with world markets

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

The local bourse is expected to reflect investor angst about higher consumer inflation and possible interest rates increases

South Africa Latest News, South Africa Headlines

The JSE is likely to trade lower on Wednesday, reflecting investor angst about higher consumer inflation and possible interest rates increases.

The yields on the US 10-year paper hit their highest level in two year at about 1.88% in early trade, boosting the value of the dollar to the detriment of the rand and other currencies. The key area of focus for the markets is no longer if, but by how much, the US Federal Reserve will increase rates to counter inflation, which reached a 42-year high on an annual basis in December.

Higher interest rates in the US and developed markets more broadly could destabilise the rand via capital outflows.

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.

The way my 5 year old son looks at me with hunger😭💔. I've been struggling to find any employment and we slept hungry for two days now😔. I'm a man and I have my pride, but I'm also a father. Please assist us with mealie meal,we'll eat it with sugar water🙏🏻.

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

JSE in choppy waters as investors await US corporate resultsRetailers are in the spotlight this week as they are expected to begin issuing sales updates for the festive period I have been very fruitful ever since I have been investing with williamchurch09 . contacted Mr William after series of testimonies i saw online, i took courage and started investing with him. I have made my third withdrawal which are ten times the initial investment. I'm sharing this because this was exactly how I saw so many posts about Alfred Wakeford and how he’s helping individuals with their BITCOIN or Forex trades and I decided to give it a try and luckly it went well, Contact him via his profile link below 👇👇 Alfrednwake I’m not trying to convince you or promote anyone, but sincerely speaking KATHERINE_4174 is one of the bitcoin trading expert so far. I got returns of $25,000 in just two weeks KATHERINE_4174 is a life saver, you won’t regret trying his service
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE rebounds after Friday’s sell-offAn unexpected interest rate cut by the People’s Bank of China for the first time in almost two years had a positive effect on global sentiment I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE rebounds after Friday’s sell-offAn unexpected interest rate cut by the People’s Bank of China for the first time in almost two years had a positive effect on global sentiment I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »

5 Investing rules to create long term successWhile we have seen a recent pullback in the crypto market, the phrase that continues to ring true is: ”It’s not about timing the market but rather time in the market”.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

JSE in choppy waters as investors await US corporate resultsRetailers are in the spotlight this week as they are expected to begin issuing sales updates for the festive period I have been very fruitful ever since I have been investing with williamchurch09 . contacted Mr William after series of testimonies i saw online, i took courage and started investing with him. I have made my third withdrawal which are ten times the initial investment. I'm sharing this because this was exactly how I saw so many posts about Alfred Wakeford and how he’s helping individuals with their BITCOIN or Forex trades and I decided to give it a try and luckly it went well, Contact him via his profile link below 👇👇 Alfrednwake I’m not trying to convince you or promote anyone, but sincerely speaking KATHERINE_4174 is one of the bitcoin trading expert so far. I got returns of $25,000 in just two weeks KATHERINE_4174 is a life saver, you won’t regret trying his service
Source: BDliveSA - 🏆 12. / 63 Read more »

Coronavirus loses most of infection capacity after 20 minutes in airStudy shows virus is less likely to be contagious at longer distances
Source: BDliveSA - 🏆 12. / 63 Read more »