JSE starts week firmly as markets brace for US rate hikes

The JSE was firmer on Monday morning, with its global peers mixed as investors brace for faster-than-anticipated US interest-rate hikes.

Stocks are set to start the week cautiously as investors prepare for the first US Federal Reserve interest-rate hike since the Covid-19 pandemic began. Meanwhile, the country’s inflation data this week will be keenly watched as concerns grow that the Fed is behind the curve in tackling elevated price pressures. ..

Source: businesslive.co.za