MARKET WRAP: JSE weaker, with focus on Thursday’s PCE inflation data
US GDP figures for the third quarter grew stronger than expected at a 5.2% annualised pace
The JSE pared losses on Wednesday, with global markets mixed as investors digested data that showed the US economy remained resilient.
US GDP data for the third quarter grew at a stronger-than-expected pace, accelerating at a 5.2% annualised pace. The boost came primarily from revisions to government spending and investments in non-residential structures, reported Bloomberg...
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