JSE gets boost from US-China trade war optimism
Reports have suggested the US is considering a currency deal with China that could also see some tariffs lifted next week
Hopes that the US and China were closing in on a partial trade deal boosted the JSE on Thursday morning, with market heavyweight Naspers leading the gains.
The US had officially labelled China a currency manipulator in August, but Bloomberg reported on Thursday the US was now considering a deal on currency valuations as part of a first phase of a deal. That could also see some tariffs suspended next week.