JSE slips ahead of US GDP data release
Markets are closely watching US economic data for an indication on whether or not the US Federal Reserve will aggressively cut rates
26 July 2019 - 11:07
The JSE opened lower on Friday as investors await second-quarter GDP figures from the US amid speculation that the US Federal Reserve may cut the interest rate by at least 25 basis points next week.
Markets are closely watching US economic data for an indication on whether the Fed will aggressively cut rates amid concerns of a slowdown in economic growth. ..
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