JSE faces weaker Asian markets on Thursday after Fed flags slower recovery
28 January 2021 - 07:17
The JSE faces sharply weaker Asian markets on Thursday morning, with US markets having their worst day in three months on Wednesday amid jitters over the economic prospects of the US and a number of disappointing corporate earnings reports.
Results from Boeing and Tesla were underwhelming on Wednesday, analysts said, while the US Federal Reserve’s monetary policy decision also hit sentiment, with the Fed downgrading its economic outlook amid concerns over the pace of the Covid-19 vaccine rollout...
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