JSE slips as investors await US Fed’s interest rate announcement

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JSE slips as investors await US Fed’s interest rate announcement
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‘The FOMC will be the economic data highlight of the week, even as the short-term financial markets chase their tails on Ukraine developments’

The JSE was weaker on Monday morning, with its global peers mixed as investors braced for more volatility as the war in Ukraine raged on and markets braced for a US Federal Reserve rate hike.

Fighting has intensified around Ukraine’s capital, Kyiv, while Russian forces bombard cities across the country, killing civilians who are unable to escape. ..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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