Concerns over a possible conflict in Ukraine have pushed oil prices towards $100 a barrel
The JSE faces mixed Asian markets on Tuesday morning, with focus still on geopolitics, as concerns mount over the possibility of a military conflict in the Ukraine.
The rising possibility of conflict has buoyed global energy prices, an added blow for investors already bracing for less accommodative monetary policy in 2022. Overnight, Fed policymaker James Bullard had reiterated his call for 100 basis points of hikes by July, which implies at least one 50 basis point hike by then.
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