JSE to contend with mixed Asian markets on Wednesday
Mixed US corporate earnings reports and disappointing data are competing with stimulus hopes, while electricity tariffs in SA are set to rise
29 July 2020 - 07:15
The JSE faces mixed Asian markets on Wednesday morning, with markets digesting US corporate earnings reports ahead of the Federal Reserve policy announcement later.
An earnings report from McDonalds did not paint a good picture of the US economy, while Covid-19 cases are also rising in China, and there is concern of an uptick in Germany as well, Oanda analyst Edward Moya said in a note...
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