MARKET WRAP: JSE closes flat while rand weakens to one-month low
US Federal Reserve’s latest minutes provided little direction as its signals on interest rates and inflation were mixed
18 August 2022 - 19:37
The JSE ended little changed on Thursday after the US Federal Reserve’s mixed signals overnight about the trajectory of inflation and interest rates — the two interrelated themes that have been driving market psychology for months.
The all share eked out a gain of 0.06% to settle at 71,011.30 points, with the top end of the resource market recovering 1% after steep losses a day earlier. ..
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