JSE falls as investors await key data
‘There is growing pessimism in the markets now,’ Oanda senior market analyst Craig Erlam says
11 October 2022 – 11:22
The JSE was weaker on Tuesday morning, in line with its global peers as investors remained cautious ahead of key data releases this week.
The Federal Reserve minutes will be released on Wednesday and, more importantly, the US CPI report on Thursday. Earnings season begins on Friday, with equities likely to react aggressively to signs of profitability falling, given the Fed hikes and the deteriorating economic outlook…
Source: businesslive.co.za
