Positive US data offsets geopolitical tension, with the debate over Russia's possible invasion continuing
The JSE faces mixed Asian markets on Thursday morning, with major bourses mostly weaker as investors digest the future of the US economy and the possibility of an escalation in the conflict over Ukraine.
Oil prices have remained volatile, with the market also watching for the possibility of progress in a nuclear deal with Iran, which could cause increased supply from that country. US markets were little changed overnight, but showed recovery towards their close, with retail sales data for January coming in higher than expected, and after the release of minutes from the US Federal Reserve's last meeting.
In early trade the Shanghai Composite was up 0.35%, the Hang Seng was flat, while the Nikkei fell 0.19%.Gold was up 0.24% to $1,873.74/oz while platinum lost 0.14% to $1,060.50.
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