MARKET WRAP: JSE weaker after mixed US inflation data
The rand has fallen 1.5% this week, bringing losses to more than 10% so far this year
11 August 2023 - 18:30
The JSE was weaker and its global peers mixed on Friday as investors assessed US producer inflation data which came in higher than anticipated.
The US July producer price index — which tracks the price wholesalers pay for raw goods- rose 0.3% from the previous month, slightly above markets expectations of a 0.2% increase month over month...
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