The JSE faces a mostly positive session on Asian markets on Monday morning, with the threat of Covid-19 and the future of monetary policy still the major themes occupying investors’ minds.
Friday’s US employment data substantially lowered the risks of a US Federal tapering this year, which is playing out well in Asian equity markets, Oanda senior market analyst Jeffrey Halley said in a note. In morning trade Japan’s Nikkei added 1.71% and the Shanghai Composite 1.01%, while the Hang Seng was up 0.45%.Gold was flat at $1,826.06/oz while platinum was little changed at $71.77. Brent crude was 1.47% lower at $71.77 a barrel.
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