Hope that China will ease Covid-19 restrictions boosts JSE
But ‘if literally one case appears again [in Shanghai], any relief rally in the markets could disappear in a puff of smoke’
17 May 2022 - 10:43
The JSE was firmer on Tuesday morning, along with its global peers as markets rose on hopes that China would dial back its Covid-19 curbs.
Hopes that the Shanghai lockdowns will ease as the city recorded its third day of no Covid-19 cases outside quarantine facilities, along with prospects of supply-chain disruptions easing, lifted sentiment...
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