JSE faces mostly weaker Asian markets on Wednesday
The threat of political deadlock in the US over another stimulus package is threatening sentiment, but there is the hope of a vaccine
12 August 2020 - 07:14
The JSE faces weaker Asian markets on Wednesday, with some focus on US politics, amid an apparent deadlock over a Covid-19 stimulus package.
National Australia Bank analyst Rodrigo Catril said in a note that there is the hope that US politicians will look to restart negotiations on a new fiscal stimulus this week. “Now, with no talks scheduled, the deadlock between Republicans and Democrats is at risk of dragging on for weeks.”..
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