JSE lower after Donald Trump tests positive for Covid-19

The JSE was lower on Friday in line with European markets after US President Donald Trump announced that he has tested positive for Covid-19, as focus remains on the US election.

FXTM market analyst Han Tan said that “a wave of risk-off sentiment swept through global financial markets” following news that Trump tested positive for the virus and would be in quarantine. This comes just a month before the US election, a risk event that is expected to drive market sentiment.

Source: businesslive.co.za