Firmer global markets may lift the JSE on Thursday
The US Federal Reserve says it will continue stimulus measures
30 April 2020 - 07:31
The JSE may benefit from optimism on global markets on Thursday, amid promises of continued stimulus from the US Federal Reserve and hopes regarding a viable Covid-19 treatment.
The rand rallied more than 2% overnight, with the Fed saying extraordinary policy measures will remain until the US economy is in recovery mode. Sentiment has been boosted further by reports that Gilead Science’s remdesivir may be approved for emergency use after trials showed patients responded when treated early...
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