JSE marginally firmer as investors wait for fresh catalyst
All share index gains 0.15%, led by financials and banks, while the rand holds steady against the dollar
20 December 2023 – 12:10
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The JSE was marginally firmer on Wednesday morning, with global markets mixed as investors await more economic data from the US to discern the Federal Reserve’s next moves.
With signs of inflation cooling from its peak two years ago in the US and the world’s biggest economy remaining resilient, investors are increasingly betting the Fed will cut rates in 2024. ..
Source: businesslive.co.za