The JSE opened weaker on Tuesday in cautious trade as the US appeared set on implementing higher tariffs against China, while President Donald Trump has questioned further interest-rate hikes by the US Federal Reserve.The market digested a slew of company results, including BHP, Imperial Holdings, Harmony and Shoprite.The dollar weakened in response to Trump’s comments, with the euro firming to $1.1542. This provided some support to the rand, strengthening to R14.3565 to the dollar from R14.5261.The Dow closed 0.35% higher on Monday. Asian markets were marginally up on Tuesday with the Nikkei 225 rising 0.09% and the Hang Seng 0.35%.Local gold miners recovered strongly on the weaker dollar, with banks, financials and property stocks benefiting from the stronger rand.Dow Jones Newswires reported that the Trump administration is moving closer this week to levying tariffs on almost half of China’s imports despite broad opposition from US businesses and the start of a fresh round of tal...
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