JSE faces upbeat Asian markets after latest US inflation data
US inflation data slowed as expected, with many hoping this will lead to lower interest rate hikes
13 January 2023 – 07:54
The JSE will face somewhat higher Asian markets on the back of Wall Street ending with green screens after the latest inflation data from the US showed consumer inflation slowed as expected, which could lead to the US Federal Reserve slowing down interest rate hikes.
It was mixed markets again in Asia on Thursday morning as the Shanghai composite in mainland China gained 0.56%, the Hang Seng in Hong Kong 0.16%, while the Nikkei in Japan shed 1.04%…
Source: businesslive.co.za
