The JSE opened flat on Tuesday ahead of the release of GDP numbers as the Dow closed weaker on Monday amid concern about President Donald Trump’s economic policies. Gold shares retreated while platinum stocks recovered marginally after a weak Monday, with the platinum price remaining under pressure. The platinum price was 0.26% lower at $974.63 an ounce in early morning trade. The Dow has climbed 6.03% so far this year in anticipation of Trump’s lower tax and fiscal expansionary policies. But so far little detail has emerged. The Dow closed 0.24% lower at 20,954.34 on Monday. Asian markets were mixed on Tuesday morning, with the Nikkei 225 losing 0.18% and the Hang Seng gaining 0.33%. "Profit taking following recent strength and the increased possibility of a US Federal Reserve rate hike next week caused the weakness on the Dow," Nedbank Corporate and Investment Banking analysts said. Local GDP growth for 2016 is expected to come in at 0.5% but a weaker figure could add pressure on ...
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