JSE and rand slip as investors await US data
US CPI inflation data is likely to be a major catalyst for near-term direction for the rand
13 January 2025 - 11:03
The JSE was weaker on Monday morning, tracking weaker global markets as investors remained cautious ahead of a key US economic data release.
Friday’s stronger-than-expected US nonfarm payroll (NFP) report raised concern that the US Federal Reserve might proceed with caution, casting doubt on further interest rate cuts...
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