JSE hovers around record, after reaching high on Monday

The JSE was firmer on Tuesday, while the rand was weaker as investors digested last week’s international inflation data, while local focus turned to the outcome of the Reserve Bank’s monetary policy committee (MPC) meeting this week.

Investors were spooked last week after inflation data from the US and China showed worse-than-expected readings, prompting fears that central banks will raise interest rates sooner than expected…