JSE set for a mixed start on Thursday as industrial firms, Liberty report
01 August 2019 - 07:34
SA stocks could open mixed on Thursday following an interest rate cut in the US, with JSE-listed industrial firms and Liberty due to report.
US markets closed lower overnight after the Federal Reserve cut interest rates by 25 basis points, as expected. But the central bank’s chair, Jerome Powell, dashed hopes for a long series of rate reductions — a stance that hurt equities, boosted the dollar and irked US President Donald Trump, who favours lower rates...
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