South Africa
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MARKET WRAP: JSE closes flat while rand weakens to one-month low

US Federal Reserve’s latest minutes provided little direction as its signals on interest rates and inflation were mixed

The JSE ended little changed on Thursday after the US Federal Reserve’s mixed signals overnight about the trajectory of inflation and interest rates — the two interrelated themes that have been driving market psychology for months.

The all share eked out a gain of 0.06% to settle at 71,011.30 points, with the top end of the resource market recovering 1% after steep losses a day earlier. ..

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