MARKET WRAP: JSE and rand firmer ahead of interest rate decisions next week
At 6.15pm, the rand had firmed 0.29% to R17.7226/$, 0.25% to R19.6377/€ and 0.13% to R23.2774/£
13 September 2024 - 18:38
The JSE tracked firmer global markets on Friday as investors look ahead to next week’s Federal Reserve policy meeting.
Data this week showed the producer price index (PPI) for August increased 0.2%, aligning with market expectations, consumer inflation showed a slight acceleration in core prices — but also indicated that inflation had slowed to its lowest level since February 2021...
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