JSE opens to mixed Asian markets on Wednesday amid US inflation threat
US markets were down sharply overnight, and there are concerns that the US Federal Reserve may act sooner than expected to rein in inflation
05 May 2021 - 07:10
The JSE faces mixed Asian markets on Wednesday morning, with US markets down overnight amid jitters about rising inflation in the world’s largest economy.
The tech-heavy Nasdaq led the retreat, having its worst day since March, with analysts pointing to ongoing concerns that the US Federal Reserve may have to act sooner than its guidance, to combat inflation...
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