JSE lifts before release of US inflation data
US inflation is expected to have eased to 8.1% from 8.5% in April, which was its highest in more than four decades
11 May 2022 - 11:30
The JSE was firmer on Wednesday morning, along with its global peers, as investors were focusing on US consumer inflation numbers due out later.
Global stocks have been buffeted so far in May by concern that major economies are slipping into recession amid high inflation, ongoing military conflict in Ukraine and slowing economic growth as China deals with the Covid-19 outbreak...
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.