MARKET WRAP: JSE and rand gain on generally positive global momentum
European markets were mixed on Wednesday evening, while the pound weakened as investors remain sceptical of a Brexit deal being sealed
18 December 2019 - 19:32
The JSE closed at its highest level in five months on Wednesday, as investors await the outcome of impeachment proceedings against US President Donald Trump, while the first phase of his trade deal with China has kept global markets fairly buoyant.
US stocks remain near record highs albeit in lacklustre trade as investors brace for a six-hour debate and House vote on Capitol Hill over President Trump’s impeachment, said Oanda senior market analyst Edward Moya...
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