Home Actualité internationale World News – GB – JSE could benefit from news of Donald Trump’s takeover on Monday
Actualité internationale

World News – GB – JSE could benefit from news of Donald Trump’s takeover on Monday

Global markets were under pressure on Friday on news of Trump's diagnosis, but reports suggest hospital discharge on Monday

By 10:40 am, the rand had strengthened 075% at R164187 / $, 056% at R192734 / € and 044% at R212691 / £ The euro had strengthened 023% at 1 $ 1740

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JSE could take its lead in firmer Asian markets on Monday morning, with sentiment reinforced by reports that US President Donald Trump could be released from hospital on Monday

Markets came under pressure on Friday following Trump’s positive diagnosis of Covid-19, adding yet another dose of political uncertainty to the world’s largest economy

« By reducing uncertainty around a possible postponement of the US presidential election, the initial market reaction should be positive for risky assets, US equities and oil prices, for example, reversing the Friday declines, « said Stephen Innes, chief strategist of Axi said in a note

In morning trading, the Hang Seng was up 146% and the Australian All Ordinary Index 246%

Gold was down 039% to $ 1892.50 / oz while platinum was down 016% to $ 876 Brent was up 24% to $ 4006 a barrel

There is little on the local trade or economic calendar on Monday, with the focus instead on rand volatility and global developments

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Posted by Arena Holdings and distributed with Financial Mail on the last Thursday of every month except December and January

Posted by Arena Holdings and distributed with Financial Mail on the last Thursday of every month except December and January

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News from around the world – GB – JSE could benefit from news of Donald Trump’s takeover on Monday


SOURCE: https://www.w24news.com

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