Markets are digesting the US Federal Reserve announcement overnight and a rise in Covid-19 cases in Texas
The JSE must contend with mixed Asian markets on Thursday morning, with investors concerned about a second outbreak of Covid-19 in the US state of Texas.
“After all, a secondary outbreak is nothing to sneeze at as traders remain in a state of risk limbo watching risk assets for signs of continuation or stall,” he said. In morning trade, Hong Kong’s Hang Seng was down 1.03% while Japan’s Nikkei has given back 2.3%. The Shanghai Composite had added 0.2%.The rand was 0.89% weaker at R16.66/$.
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