Western officials maintain a Russian assault could occur at any time, putting pressure on equity markets
The JSE could feel the fallout from concerns the conflict in Ukraine could escalate on Monday morning, with Asian markets weaker as investors consider the potential of a conflict that could disrupt the global economy and push up energy prices.
Russian-backed separatists have also begun evacuations and called for mobilisation, but in more positive news US President Joe Biden has indicated “in principle” that he is willing to meet his Russian counterpart. The rand was 0.14% firmer at R15.07/$, having lost 0.77% on Friday, which followed a relatively strong week in which SA gold miners also fared well.
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