By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia stocks lifted by China-US trade hopes; oil resumes retreat
- MSCI Asia-Pacific index up 0.4 pct, Nikkei dips 0.25 pct
- Pound, euro firm after PM May gains cabinet backing for Brexit
Oil Markets
- Oil prices resume decline on oversupply worries
- Brent crude futures down 0.3 pct at $65.90 per barrel (0254GMT)
- US WTI crude futures down 0.5 pct at $55.95 per barrel
Precious metals
- Gold prices hold steady as dollar eases
- Spot gold little changed at $1,210.65 per ounce (0055GMT)
- US gold futures flat 0.1 pct at $1,203 per ounce
Grains
- US soybean prices extend gains on export sales, slow harvest
- Most traded CBOT soybean futures up 0.5 pct at $8.82-3/4 per bushel (0123GMT)
- Most active wheat futures up 0.2 pct at $5.03-3/4 per bushel
- Most active corn futures up 0.3 pct at $3.67-1/2 per bushel
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Ghana 2019 budget statement to be delivered today
- Rwanda’s Kagame in Qatar on state visit
- South Africa’s Ramaphosa on working visit to EU; 14-15 Nov
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Ethiopia arrests former deputy intelligence chief
- Nigeria Senate committee says NNPC amount probed was doubled to $2.2 bln
- Nigeria raises $2.86 bln in eurobonds to fund deficit
- Shipbound migrants in Libya port say would rather die than disembark
- UN bemoans lack of funding for African anti-jihadist force
- Vodacom Tanzania approves sale of 26 pct stake to South Africa’s Vodacom Group
- Kenyan judge sentences two police officers to death for murder
- Ugandan soldiers to guard Chinese businesses after rash of robberies
- Emerging economies see debt rise $1 trln in Q2, face record redemptions – IIF
- Sibanye seals wage deal with South African unions
- UN Security Council removes Eritrea sanctions after years
- Africa Crude – Nigerian surplus persists, IOC picks up spot cargoes
- Algeria’s ruling FLN party head quits
- South Africa’s Standard Bank to lay off more than 500 workers
- Global cobalt glut won’t be stemmed by Glencore Congo output stoppage
- India’s African oil imports hit 3-yr high in Oct – trade
- South Africa retail sales rise points to economic recovery; up 0.7% yy in Sep
- Land reform in South Africa will not violate constitution – Ramaphosa
- South Africa’s land expropriation unnerves investors – World Bank executive
- Ugandan shilling firms as importer and interbank demand ebbs
- Libya could hold elections next spring – Italy’s foreign min
- European businesses help lift South Africa’s SPAR FY earnings
N.B. Full stories of above headlines are available on Reuters
