JSE firms while focus shifts to US employment data
Risk appetite has been curbed by the simmering tension between the US and China this week
06 May 2020 - 12:21
The JSE was firmer on Wednesday amid mixed global equities as focus shifts to US employment data.
Swissquote Bank analyst Ipek Ozkardeskaya said sentiment remains fragile as the ADP jobs report on Wednesday — which measures the change in private-sector employment in the US — is likely to show that more than 20-million private jobs were lost in April, as investors worry about the effects of Covid-19 on the global economy...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.