The JSE may benefit from higher Asian markets on Tuesday morning, amid optimism that the incoming administration of US president-elect Joe Biden will move comprehensively to support the world’s largest economy through Covid-19.
The Financial Times reports that treasury secretary nominee Janet Yellen, the Federal Reserve's former head, will state that the US risks a more prolonged recession and long-term scarring if it did not inject more government spending into the economy, said Oanda senior market analyst Jeffrey Halley in a note...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.