MARKET WRAP: JSE firmer, with focus on US jobs data
Nonfarm payroll report will offer insight into Federal Reserve chair’s upbeat assessment of the US economy
05 December 2024 - 20:10
The JSE closed firmer amid mixed global markets on Thursday as investors considered US labour market data, while bitcoin reached record highs.
The market’s focus is on Friday’s nonfarm payroll (NFP) report, which will offer insight into the accuracy of Federal Reserve chair Jerome Powell’s upbeat assessment of the US economy (https://www.businesslive.co.za/bd/world/americas/2024-12-04-powell-says-us-economy-in-good-shape-so-fed-can-afford-to-be-cautious/)...
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