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Dollar rallies for a second day, buoyed by strong economic data and speculation over Trump’s tariffs plan
08 January 2025 – 19:41
by Lindiwe Tsobo
The JSE was weaker on Wednesday, while global markets attempted a rebound after surprisingly robust US economic data reignited concerns over the trajectory of interest rates in the world’s largest economy.
The ADP monthly private sector employment report revealed that December job additions fell short of economists’ expectations, while weekly jobless claims came in lower than anticipated…
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