JSE faces muted Asian markets on Wednesday ahead of Fed decision

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JSE faces muted Asian markets on Wednesday ahead of Fed decision
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Focus is squarely on the US Federal Reserve policy announcement later, but a spate of SA economic reports are due as well

The JSE looks set to open to subdued Asian markets on Wednesday, with caution prevailing ahead of the US Federal Reserve policy announcement later.

Domestically, there has been some good news, with the UK removing SA from its travel red list, which could benefit hospitality stocks on the JSE on Wednesday. Gold was flat at $1,770.90/oz while platinum had fallen 0.31% to $931. Brent crude was 0.41% weaker at $72.92 a barrel.

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