JSE opens higher on hopes of good news about US-China trade war
The US Federal Reserve is expected to announce its decision on interest rates on Wednesday
The JSE opened firmer on Wednesday ahead of the US Federal Reserve's interest rate announcement, and on hopes that the US-China trade conflict would soon reach an end.
On Wednesday, the US Federal Reserve's federal open market committee is likely to keep rates unchanged despite market expectations for a rate cut; however, the Fed is expected to indicate if it plans to loosen monetary policy later in 2019, Reuters reported. ..