MARKET WRAP: JSE weaker ahead of Trump’s China announcement
Trump has said his administration is ‘not happy’ with Beijing, and is expected to announce new US policies regarding China later in the day
29 May 2020 - 18:52
The JSE closed weaker on Friday as markets await US President Donald Trump’s announcement on new US policies towards China.
Trump has said that his administration is “not happy” with Beijing, while Larry Kudlow, Trump’s top economic adviser, said that China will be “held accountable” and that it had made a “huge mistake” in passing the new security law on Hong Kong, though it remains unclear what the ramifications will be. ..
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.