JSE firms with markets poised for new data
On Thursday, the US commerce department will release the fourth-quarter initial GDP estimate
23 January 2024 – 11:02
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The JSE was firmer on Tuesday morning, with its global peers mixed as investors awaited fresh catalysts.
Investors were hopeful that a cooldown in inflation would allow the US Federal Reserve to cut interest rates several times in 2024, with the first cut happening as early as March. However, recent stronger-than-expected reports have pushed investors to reconsider their rate-cut expectations. ..
Source: businesslive.co.za