Bourse follows global peers lower as investors digest European Central Bank’s hawkish stance
The JSE was weaker on Friday morning, along with its global peers as investors digested European Central Bank’s hawkish stance, with focus turning to the US inflation report later.
The ECB on Thursday announced its plans to raise key interest rates by 25 basis points at its next meeting in July, and also downgraded its economic growth forecasts for the eurozone...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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 struggling Asian markets on Friday ahead of US inflation dataUS inflation data for May is the week's major economic event, and any miss of expectations could prompt significant market volatility
Read more »
JSE faces mostly weaker Asian markets on Thursday ahead of ECB decisionSentiment remains under pressure amid a deteriorating global economic outlook, while investors speculate on interest rates
Read more »
US PowerBall - Bet on the US PowerBall Online at Lottoland.co.zaBet on The US PowerBall online from South Africa with Lottoland. Place your bet and stand a chance to win the highest lottery payouts in the world!
Read more »
JSE slightly weaker as investors fret about stagflationTraders are worried about stagflation after the World Bank cut its forecast for global economic growth
Read more »
MARKET WRAP: JSE slips as stagflation hits the radarAnalysts warn against undue optimism after Tuesday’s local GDP data as World Bank raises alarm on recession
Read more »
JSE slips as focus turns to ECB policy movesWhen will net asset purchases officially end? How many rate hikes can we expect this year?
Read more »