The JSE was little changed on Thursday, with its global peers mixed amid escalating concerns about risks from the Covid-19 Omicron variant and the hawkish tone from the US Federal Reserve chair.
US markets came under pressure overnight as the country detected its first case of Omicron. Travel bans on Southern African countries have been instituted by numerous countries, including the US...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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MARKET WRAP: JSE firms as Omicron fears easeRand strengthens for third straight session even after Fed’s hawkish comments on tapering of asset purchases
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JSE slips as fear about Omicron variant persistsUS Federal Reserve chair Jerome Powell has warned that the variant adds to economic risk
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MARKET WRAP: JSE bucks global trend, led by minersMajor international markets were all weaker, bar Shanghai, as investors remain concerned about the Omicron variant
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JSE gains as investors consider comments by Jerome PowellThe US Fed chair says the central bank can taper its bond purchases at an even faster clip than the $15bn-a-month schedule announced in November
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JSE could benefit from firmer Asian markets on Wednesday, as rand holds below R16/$The local currency is on track for its third day of gains, while Asian markets are recovering slightly from the Omicron-induced sell-off
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Global markets rebound from Tuesday’s sell-offInvestors fears about Omicron variant ease, though the Fed’s hawkish tapering comments are lurking in the background
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