JSE looks set to follow under-pressure Asian markets on Thursday

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa Headlines News

Concern over the US-China trade war and a fall by Tencent in Hong Kong points to a weaker start for the local bourse

The JSE could take its cue from weaker Asian markets on Thursday, amid continued jitters over the state of the US-China trade war.

Adding to the pressure, US Federal Reserve chair Jerome Powell alluded on Wednesday to a US unemployment level that could be turning for the worse in the near term, said Peregrine Treasury Solution corporate treasury manager Bianca Botes in a note.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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

South Africa Latest News, South Africa Headlines

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

JSE could get a boost from Naspers amid fragile sentimentWeChat owner Tencent is strongly up in Hong Kong, where protests continue to threaten market appetite for risky assets
Source: BDliveSA - 🏆 12. / 63 Read more »

Peregrine’s earnings fall as JSE activity declinesThe group, which includes Citadel, Peregrine Capital and Stenham, says its outlook remains constrained by US-China uncertainty
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE dips as fears over US-China trade war persistUS President Donald Trump failed to reassure markets on Tuesday that conflicts will be resolved
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE faces risk-off trade on Wednesday amid trade-war uncertaintyUS President Donald Trump failed to reassure the market that the US-China impasse is improving
Source: BDliveSA - 🏆 12. / 63 Read more »

Rolfes censured by JSE for accounting errorsThe chemicals group replaced its CEO after material errors were found in its financial statements
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE firmer as markets await Donald Trump’s trade-war commentsLocal retailers and Naspers are leading gains on the local market
Source: BDliveSA - 🏆 12. / 63 Read more »