The JSE may continue to benefit from growing optimism regarding the global economic outlook on Tuesday, with investors considering the prospect of huge stimulus from major global economies.
China is flagging more stimulus at its National People’s Congress starting on Friday, the EU is edging closer to a €500bn (R10-trillion) recovery fund, and the US Federal Reserve has made clear it still has ammunition, National Australia Bank analyst Tapas Strickland said in a note...
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