JSE and rand slide as investors digest strong US jobs data
The figures point to a strong chance of the country avoiding a recession and of rates staying higher for longer, analyst says
06 February 2023 – 10:55
The JSE was weaker on Monday morning, while its global peers were mixed as investors digested a surprising US jobs report that came stronger than expected.
The rand fell with emerging market currencies, shedding almost 2.5% on Friday after nonfarm payrolls printed nearly three times higher than expected…
Source: businesslive.co.za