JSE slips as US debt-ceiling uncertainty pervades markets
Investors are also eyeing Wednesday’s release of Federal Reserve minutes from the May meeting
23 May 2023 - 11:27
The JSE was weaker on Tuesday morning, along with its global markets as investors awaited information from a US debt- ceiling meeting, while government officials scrambled to avert a default.
Investors are eagerly awaiting the outcome of the meeting between US President Joe Biden and House speaker Kevin McCarthy, where debt-ceiling talks are expected to continue, with just two weeks left before the earliest date that treasury secretary Janet Yellen said the US could default...
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