JSE could open higher on Monday as Asian markets recover
Bond yields edged higher on Friday on reports that Germany could implement a fiscal stimulus programme with new debt
19 August 2019 - 07:29
The JSE all-share index could start the new week on the front foot as Asian markets rally in the wake of a sharp sell-off sparked by concerns about a slowing global economy.
Stock markets have been battered by worries that the protracted trade war between the US and China is weighing on economic growth. These fears were compounded last week when US yield curves inverted. An inverted yield curve, in which short-term bonds yield less than longer-dated ones, implies that investors expect lower rates in future amid a possible recession...
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