JSE will open to mixed Asian markets ahead of interest rate decision

The JSE is facing mixed Asian markets before the SA Reserve Bank announces its latest interest rate decision on Thursday afternoon, with a hike expected, while the markets in Hong Kong reopened after the Lunar New Year holiday.

The Nikkei in Japan lost 0.30%, while the Hang Seng gained 1.73% on the back of pent-up trading and hopes that the US Federal Reserve will slow its rate of interest rate increases. Markets in mainland China remain closed…

Source: businesslive.co.za