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JSE looks set to follow under-pressure Asian markets on Thursday

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Concern over the US-China trade war and a fall by Tencent in Hong Kong points to a weaker start for the local bourse

The JSE could take its cue from weaker Asian markets on Thursday, amid continued jitters over the state of the US-China trade war.

Adding to the pressure, US Federal Reserve chair Jerome Powell alluded on Wednesday to a US unemployment level that could be turning for the worse in the near term, said Peregrine Treasury Solution corporate treasury manager Bianca Botes in a note.

 

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