MARKET WRAP: JSE and rand firmer in thin session
Risks are elevated as investors eye developments after the failed ANC-DA Gauteng GPN, says analyst
04 July 2024 - 18:54
The JSE tracked firmer global peers on Thursday, while the rand extended the previous session’s gains in thin trading as the US markets were closed for a public holiday.
Weaker data in the form of softer private jobs and manufacturing reports released this week boosted speculation that the US Federal Reserve might cut interest rates in September...
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