JSE firmer as investors await Powell’s address
Analysts say markets are bracing for hawkish comments from the US Fed chair
30 November 2022 - 11:05
The JSE was firmer on Wednesday morning, while global markets were mixed, as investors weighed China’s Covid-19 policy and awaited a speech from Federal Reserve chair Jerome Powell later in the day.
Meanwhile, China’s economic activity contracted further in November amid a record Covid-19 outbreak, with growth likely to remain weak and the central bank expected to add more stimulus to bolster the recovery. ..
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