MARKET WRAP: JSE rebounds in line with global stocks
Rand little changed as investors continue to digest SA’s greylisting by the FATF
27 February 2023 – 18:52
The JSE tracked firmer global counterparts on Monday as markets attempted a rebound from the previous session’s sell-off.
Investors continue to assess the US Federal Reserve’s inflation and interest rate outlook, with last Friday’s hotter-than-expected reading of the core personal consumption expenditures price index — the Fed’s preferred measurement of inflation — justifying the central bank keeping rates higher for longer…
Source: businesslive.co.za