#Africa #Markets | 25 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

[Markets closed today except in the Middle East]
Global Markets

  • Wall Street waned on Friday ahead of the holiday
  • But US bond yields firmed in light, pre-Christmas trading
  • Euro dipped because of the Catalan vote, however, bitcoin too

Oil markets

  • Oil inched higher ahead of the Christmas holiday weekend
  • Russia-backed managed exit of OPEC-cuts supported prices

Key African events or data releases over the weekend
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • Chad reshuffles finance, other key ministries
  • Tunisia bans UAE airlines from landing in its territory
  • South Sudan army, rebels clash hours after ceasefire
  • Sudan, Turkey to set up ‘strategic cooperation council’, boost trade ties
  • Sudan’s 2018 budget estimated at $24.7 billion – SUNA
  • Italy PM plans to shift military forces from Iraq to Niger
  • Egypt FM to head to Ethiopia after Nile dam talks stall
  • Macron: France ready to strengthen force in Sahel fighting Islamists
  • Congo Republic signs peace accord with “Ninja” rebels
  • Zimbabwe’s Mnangagwa appoints former army boss as party VP
  • Egypt to receive $2 bln as part of IMF loan in June, says official
  • US restores trade benefits to Gambia, Swaziland
  • New York cocoa slumps over 5 pct as ample supplies weigh
  • London cocoa ends lower after shorter trading session
  • UN evacuates refugees to Italy from Libya for first time
  • Mozambique cuts key lending rate to 20.5 pct
  • Nigeria is exiting recession but economy remains vulnerable – IMF
  • Uganda army attacks rebel camps in eastern Congo
  • In Nigeria, four in ten people in the workforce are unemployed or underemployed
  • Mauritius 91-day Treasury bill rises to 2.48 pct
  • Somalia releases jailed ex-minister and government critic
  • South Africa’s 3-month T-bill average yield falls to 7.67 pct
  • South Africa’s Zuma seeks to appeal ruling on influence-peddling
  • Mauritius forecasts economy will expand 4 pct in 2018 vs 3.9 pct this year
  • Mauritius October trade deficit widens 22.1 pct y/y

Full stories of above headlines are available on Reuters

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