#Africa #Markets | 28 Nov

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global markets

  • Asian shares ease from decade peak
  • Chinese stocks stumble for second straight session
  • US dollar softer on worries about tax reform law delay

Oil markets

  • Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

Key African events or data releases today

  • Kenyan president to be sworn-in as opposition prepares to hold rival rally [Police already firing teargas to control crowds] #Kenya #KenyattaInauguration 
  • [Zimbabwe’s Mnangagwa may announce his cabinet today]

Key African events or data releases yesterday

  • Merkel heads to EU-Africa summit with eye on migrant issue at home
  • Nigeria capital inflows more than doubled in Q3 to $4.2 bln
  • Former Zimbabwe finance minister Chombo to be held in custody until trial
  • Egypt economy likely to remain unshaken by Sinai attack
  • Zimbabwe president Mnangagwa appoints Chinamasa acting finance minister
  • Fitch affirms Zambia at ‘B’; outlook negative
  • Investors undeterred by South Africa’s tumble to junk “buying the dips”
  • Bitcoin soars, stock market rises in post-Mugabe Zimbabwe
  • Sudan general, nine soldiers killed in Darfur clashes – SUNA
  • Ghana central bank cuts interest rate by 100bps to 20 pct
  • Eni to operate Angola’s Cabinda North Block
  • South Africa’s Tiger Brands profits slow in weak economy
  • Average yields on Egypt’s 3- and 7-year T-bonds rise
  • Mali’s regional elections delayed by security concerns
  • Court challenge to South Africa mining charter postponed to February
  • Fitch rates Nigeria’s USD Notes ‘B+’
  • South Africa’s Zuma calls for urgent measures to boost economy after downgrade
  • Zimbabwe cabinet pick to show if Mnangagwa is breaking with the past

Full story of above headlines are available on Reuters

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