JSE weaker ahead of US inflation report
Bourse follows global peers lower as investors digest European Central Bank’s hawkish stance
10 June 2022 - 10:36
The JSE was weaker on Friday morning, along with its global peers as investors digested European Central Bank’s (ECB) hawkish stance, with focus turning to the US inflation report later.
The ECB on Thursday announced its plans to raise key interest rates by 25 basis points (bps) at its next meeting in July, and also downgraded its economic growth forecasts for the eurozone...
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