JSE firmer on promise of more US Covid-19 stimulus measures
While the surge in infections is weighing on global markets, all the JSE major indices are firmer with gold gaining 0.25%
BL PREMIUM
08 July 2020 – 12:22
The JSE was firmer on Wednesday with its global peers mixed, as investors were comforted by news of more potential stimulus measures from the US Federal Reserve.
A Fed policymaker has pledged more support ahead after Fed officials expressed concern that the surge in Covid-19 cases in the US might threaten economic recovery.
Source: businesslive.co.za