By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia stocks rise at end of grim Oct, on track for worst month since 2011
- MSCI Asia-Pacific index up 1 pct, Nikkei rises 2.2 pct
- BoJ keeps rates unchanged as expected
- Dollar index rises to 16-mth high after upbeat US data
Oil Markets
- Oil prices rise for first time in three days, but trade war drags
- Oil benchmarks set for worst monthly performance since mid-2016
- Sino-US trade war clouds outlook for oil demand
- Sanctions on Iran’s crude exports start on Nov. 4
- Brent crude futures up 0.6 pct at $76.38 a barrel (0441GMT)
- US WTI crude futures up 0.2 pct at $66.34 a barrel
Grains
- Corn hits 5-day low on advance harvest pressure
- Most active CBOT wheat futures down 0.3 pct at $4.89-1/2 per bushel (0342GMT)
- Most active corn futures down 0.1 pct at $3.64-1/4 per bushel
- Most active soy futures up 0.1 pct at $8.34 per bushel
- Most active rice futures unchanged at $10.44 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- 18th international economic forum on Africa in Paris today
- South Africa trade data expected today
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- South Sudan rebel leader Machar returns to capital to mark peace deal, first time in 2016
- South African rand under pressure
- South Africa’s Implats in talks to sell 1 shaft operations in Rustenberg
- South Africa’s Implats output rises 8.2 pct
- South Africa’s Sanlam plans up to $588 mln stake sale to black investors, employees
- Feature – Irrigation-short Africa may get $9 billion boost to spur harvests
- Libya restarts eastern al-Bayda oilfield – engineer
- US Baptist missionary from Indiana killed in Cameroon – family
- Soccer-Former Ghana FA president Nyantakyi banned for life by FIFA
- Merkel looks to Africa to cement a legacy shaped by immigration
- Egypt pollution plan signals the last straw cloud
- EU to renew sanctions on Congolese officals including presidential candidate, diplomats say
- Africa Crude – High freight rates weigh on Asian demand
- Nigeria police fire on Shi’ite march, kill protester – group
- Randgold Resources’ Mali gold mining complex ramps up production
- Libya state oil firm demands pay increases for oil workers
- African migrants rebuild Casablanca camp destroyed by fire
- Tunisia’s most prominent street back to normal a day after suicide bombing
- South Africa’s central bank starts winding up graft-hit VBS bank
- Seychelles raises $15 mln with world’s first blue bond
- Kenyan shilling steady, forecast to ease due to excess liquidity, importer demand
- Egypt court frees author of critical book on Egypt’s economy
- Feature – Zimbabwe’s farmers feel the heat of fires – and of price hikes
- Ugandan shilling steady, charity inflows to offer support
- South Africa’s unemployment rate rises to 27.5 pct in Q3
- Nigerian court adjourns case between MTN, central bank to Dec 4
N.B. Full stories of above headlines are available on Reuters
