The JSE was firmer on Thursday, on track for its second consecutive day of gains as global markets shift focus to US monetary policy ahead of the Jackson Hole symposium later in the day.

FXTM chief market strategist Hussein Sayed said “Traders and investors across all asset classes are all ears to what Powell has to say today at the annual Jackson Hole meeting. Inflation is the keyword and the policy framework to target it will determine whether we see more upside to risk assets in the months to come.”..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now