Focus will shift to US nonfarm payrolls for December later on Friday as the data is seen as a crucial indicator of the state of the US economy
The JSE was on track for its first weekly loss in four on Friday morning, breaking its longest weekly winning streak since September, as tension between the US and Iran placed pressure on global markets.
Fear that tension in the Middle East could escalate saw investors shy away from riskier assets earlier this week. That followed an Iranian missile attack on US forces in Iraq on Wednesday after the killing of a top Iranian commander during a US air strike last week. Focus will shift to US nonfarm payrolls for December later in the day as the data is seen as a crucial indicator of the state of the US economy.
Earlier, the Shanghai Composite was flat while Hong Kong's Hang Seng added 0.19% and Japan's Nikkei 225 0.47%.
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.
JSE faces subdued Friday as focus returns to US-China trade warChinese officials are expected in Washington next week to sign a partial trade deal with the US, with US jobs numbers also in the spotlight later
Read more »
US officials believe Iran accidentally shot down Ukraine airliner: US mediaUnnamed officials told American media that Iranian air defence systems likely accidentally shot down the airliner on Wednesday, killing all of the 176 people on board.
Read more »
JSE muted as Middle East tension subsidesUS President Donald Trump’s comments that the US will not retaliate through military action against Iran have calmed global markets
Read more »
‘All is well,’ says Trump after Iran attacks US-led forces in IraqIran fired more than a dozen ballistic missiles from its territory against at least two Iraqi facilities hosting US-led coalition personnel, the US military confirmed
Read more »
Iran's 'fierce revenge' against US has begun | IOL News“The fierce revenge by the Revolutionary Guards has begun,” the Islamic Revolutionary Guards Corps said after Iran attacked two bases in Iraq housing American troops. IranAttacks
Read more »
US is an enemy that must be removed from Middle East: Khamenei | IOL NewsThe US 'is an enemy and will remain an enemy' that must be pushed out of the Middle East, says Supreme Leader Ayatollah Ali Khamenei. Iran IranAttacks IranWar
Read more »