# JSE faces mixed Asian markets on Thursday as investors digest Fed minutes

> Asian markets were mixed ahead of the JSE's opening as investors digested Federal Reserve minutes that pointed to 50-basis-point hikes at the next couple of meetings. Brent crude traded flat at $114.40 a barrel, and the rand was 0.22% weaker at R15.75 per dollar.

- Date: 2022-05-26 · published 2022-05-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/41701-jse-faces-mixed-asian-markets-on-thursday-as-investors-digest-fed-minutes
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Expected aggressive US tightening supports the dollar and pressures emerging-market currencies. Higher interest rates also raise financing costs for feed and grain trade.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- businessday.co.za: https://www.businessday.co.za/bd/markets/2022-05-26-jse-faces-mixed-asian-markets-on-thursday-as-investors-digest-fed-minutes/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.