JSE faces mixed Asian markets ahead of Moody’s review
There is the possibility SA may be downgraded deeper into junk status in ratings decisions later, while sentiment is fragile globally
20 November 2020 - 07:08
The JSE faces mixed Asian markets on Friday morning, amid some uncertainty around US stimulus, while locally ratings agency decisions could see SA downgraded further into junk status.
Both Moody’s Investors Service and S&P Global Ratings are scheduled to publish their latest reviews of SA, which are likely to come after markets close...
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