The JSE all share opened slightly lower on Tuesday as the market took a cautious view ahead of a probable downgrade next week and amid reports Eskom is facing a liquidity crisis.By the end of January, the power utility may be incapable of paying staff salaries and suppliers as it would run on a cash deficit of R5bn, Business Day reported.S&P Global Ratings and Moody’s are to announce their rating reviews on November 24. Moody’s is the only ratings agency that has SA one notch above sub-investment grade.Retailers were weaker ahead of the release of retail sales data on Wednesday. The market consensus is for growth of 4.5% in September from 5.5% in the previous month.The Dow closed 0.07% higher at 23,439.70 points on Monday."Concern around the timing, if at all, of the Republican tax-cut reforms is keeping the market at bay," analysts at Nedbank Corporate and Investment Banking (CIB) said.Asian markets mirrored the uncertainty, with the Nikkei 225 flat and the Hang Seng down 0.06%.Com...
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