JSE faces subdued trade on Tuesday amid Chinese holiday
Hong Kong and mainland Chinese markets are closed for China’s National Day, with local gold miners likely to be under pressure
01 October 2019 - 07:19
The closure of Chinese markets for the day could suppress activity on the JSE a little on Tuesday, with gold miners looking likely to be under pressure as the price of the precious metal slips to an eight-week low.
Solid US economic data is reducing expectations of US Federal Reserve interest rate cuts, which takes the edge off gold, which is seen as a hedge against inflation and loose monetary policy...
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