The JSE may end its three-session slide on Wednesday, judging from a rebound in Asian markets.Hong Kong’s Hang Seng index was up 0.4%, helped by Naspers’s 31%-owned associate Tencent rising 0.8% to HK$400.Sydney’s ASX 200 index was also up 0.8%, with BHP rising 0.12% to A$32.40.Wednesday’s focus will be on inflation, which is expected to have accelerated further in May after jumping to 4.5% in April from 3.8% in March, as the effects of higher VAT and fuel levies took their toll.The rand was trading at R13.73 to the dollar on Wednesday morning, a recovery from the R13.92 to the dollar it weakened to on Tuesday.The local currency was trading at R15.89 to the euro and R18.07 to the pound at 6.30am.Statistics SA is scheduled to report May’s inflation, as measured by the annual change in the consumer price index (CPI), at 10am.Investec Bank economist Lara Hodes forecasts May’s inflation will be higher than economists’ consensus of 4.6%, coming in at about 4.8%."In terms of the key dynam...
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