MARKET WRAP: JSE and rand strengthen as sentiment improves
Softer US jobs numbers improve investors’ mood ahead of speeches by Federal Reserve officials
06 May 2024 - 18:34
The JSE extended the previous session’s gains on Monday, tracking firmer global markets as softer US jobs data helped improve investors’ mood.
Several Federal Reserve (Fed) officials will give speeches this week and market participants will be watching for any changes to the Fed’s recent hawkish tone and for more clues on future interest rate moves...
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