MARKET WRAP: JSE weakens amid focus on US interest rate prospects
Investors await fresh catalysts for direction while awaiting a key inflation report this week
27 February 2024 - 18:31
The JSE closed weaker amid mixed global peers on Tuesday as investors awaited fresh catalysts for direction while awaiting a key inflation report this week.
The outlook for US inflation and the timing of interest-rate cuts remain in focus. Investors are awaiting the release of January’s personal consumption expenditures (PCE) price index report on Thursday, in which they will be looking for clues into the health of the economy and for insights into the path of monetary policy...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.