JSE slips as markets assess less dovish US Fed

The JSE was lower on Thursday morning after the US Federal Reserve dampened expectations that it may further cut its interest rate in 2019.

“Everything feels a little flat in the markets after the Fed left investors deflated and frustrated, despite delivering the 25 basis-point rate cut they demanded,” senior market analyst at Oanda Craig Erlam said. Earlier, the Shanghai Composite added 0.46% and Japan's Nikkei 225 0.38%, while Hong Kong's Hang Seng lost 1.07%.

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