JSE faces mixed Asian markets on Friday after volatile week
Global inflation concerns and a slide in many cryptocurrencies has led to extreme moves in some asset classes this week
21 May 2021 - 07:21
The JSE faces mixed Asian markets on Friday morning, and a much lower Tencent, after a volatile week as investors digest rising inflation and a sharp sell off of cryptocurrencies.
China’s move to tighten regulations for cryptocurrencies added pressure to that market and spilt over into tech shares, while concerns remain that rising global inflation will force policymakers to tighten monetary conditions earlier than expected...
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