JSE firms as investors digest conflicting US data
Job openings and consumer confidence paint different pictures of the world’s biggest economy
30 August 2023 – 11:42
The JSE was firmer on Wednesday morning and European markets were generally lower as investors mulled over conflicting data a day earlier on the state of the US economy.
The Bureau of Labour Statistics’ latest Job Opening and Labor Turnover Survey (JOLTS) revealed the US economy ended July with the fewest number of job openings since March 2021 — signalling that the US labour market is cooling…
Source: businesslive.co.za
