JSE firmer as markets digest week’s events
The local bourse is stronger on Friday morning as investors mull policy decisions and US corporate earnings reports
22 July 2022 - 11:08
The JSE was firmer on Friday morning, with its global peers mixed, as investors digested policy decisions and US corporate earnings reports.
The European Central Bank (ECB) delivered a surprise 50 basis point (bp) hike on Thursday, its first in more than a decade, while the Reserve Bank also surprised with a 75bp hike. These are just the latest surprisingly hawkish moves from policymakers scrambling to get on top of inflation...
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