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
19 June 2019 - 11:28
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. ..
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