Fear of Covid-19 resurgence could put JSE under pressure
Markets are concerned that the pandemic is far from over, and that a second wave of infections looms in many countries
13 May 2020 - 09:22
The JSE could take its lead from Asian markets and weaken on Wednesday morning, amid the concern that the Covid-19 pandemic will take far longer to resolve than previously thought.
Statements made by Anthony Fauci, the top US infectious disease expert, warning of a resurgence of the virus should economies return to normal too quickly, capped emerging market gains following a steep rally during trade on Tuesday, Peregrine Treasury Solutions executive director Bianca Botes said in a note...
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