Markets are watching for a reaction from the White House to Beijing’s new security laws in Hong Kong, with Asian markets lower
The JSE could take its lead from weaker Asian markets on Friday morning, with all eyes on the White House as Beijing moves to increase its control over Hong Kong.
US President Donald Trump is expected to address the media later on a response to China's increased security laws, which may include new tariffs, with markets also concerned that Beijing will then respond with its own retaliatory measures.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: JSE drops as US-China tension weighs on risk sentimentUnrest in Hong Kong has raised concern that a new Chinese law could worsen relations between the US and China
Read more »
JSE could feel pressure from Naspers on Thursday amid US-China tensionThe Hang Seng and Tencent are down sharply as investors consider a possible trade war over Hong Kong
Read more »
Rand weaker as stocks push higher despite rising US-China tensionsStocks firmed on Thursday with risk-on sentiment remaining intact on optimism that global growth is recovering as economies reopen after coronavirus lockdowns.
Read more »
US revokes Hong Kong special status as furor grows on China lawThe US law says that Hong Kong would lose the trading advantages, including lower tariffs, that it enjoys with the world's largest economy.
Read more »
Gold inches up amid rising US-China tensionsPrices were also supported by the news of Japan and EU stimulus packages
Read more »
European shares up on stimulus deal despite US-China tensionThe euro is at two -month high, but other markets are watching the US-China stand-off over Hong Kong with concern
Read more »