Industrial metals continue momentum as investors cheer another better-than-expected inflation report in the US
The JSE rose the most in four weeks on Thursday, lifted higher by metals as investors cheered another better-than-expected inflation report in the US.
The US July’s producer price index showed a surprise decline from June. The reading follows the country’s encouraging consumer price index for July on Wednesday, which came in at 8.5% — slightly cooler than the market expectation of 8.7%...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.
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