JSE slips with global markets under pressure ahead of US inflation report

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The market expectation is for a print just below 8% year on year

The JSE was weaker on Thursday morning, along with its global peers, while the rand was weaker in line with the emerging-market currencies as investors await a key inflation report in the US.

Economists polled by Bloomberg project the consumer price index and the core measure that excludes food and energy to both have cooled on an annual basis in October, but the rate is still consistent with persistent and elevated inflation...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 TimesLive Premium.

 

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