JSE set to contend with mostly weaker Asian markets on Friday
US president-elect Joe Biden unveiled details of a $1.9-trillion stimulus package on Thursday, though the market’s response has been tepid
15 January 2021 - 07:08
The JSE faces mostly weaker Asian markets on Friday morning, amid a somewhat muted response to US president-elect Joe Biden’s announcement of a $1.9-trillion (R29-trillion) stimulus package.
Sentiment has been lifted this week by the prospect of lavish state spending to support the US economy, but Biden may still find some political opposition to state aid, said Oanda senior market analyst Jeffrey Halley in a note...
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