MARKET WRAP: JSE rebounds but sentiment remains fragile
Central bankers meeting in Portugal are signalling their firm intention to continue fighting stubborn inflation
27 June 2023 - 19:22
The JSE broke a six-day losing streak on Tuesday though sentiment was constrained by concerns that global monetary policy is set to remain tighter for longer.
Central banks’ recent hikes and hawkish statements have dashed investors’ hopes that interest rate hikes are nearing an end, reigniting fears that the global economy could tip into recession...
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