MARKET WRAP: JSE firms on positive US jobs data
Surprise cut in crude output by Opec+ fuels renewed inflation fears
04 April 2023 - 19:20
The JSE closed firmer on Tuesday as investors considered US jobs data and the prospects of higher interest rates for longer after a surprise cut in oil supply fuelled inflation fears.
Job openings in the US declined more than expected in February in what analysts believe could be a sign that the tight labour market is starting to loosen, Bloomberg reported...
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