By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia mood soured by Trump tariff threat, oil slips anew
- Trump says he expects to move ahead on China tariffs
- Asia shares ex-Japan and S&P 500 futures slip
- Aussie dollar, Apple shares also dip in wake of Trump warning
- Oil eases again, promises to drag on inflation and Fed policy
Oil Markets
- Oil markets cautious after recent battering, eye G20 and OPEC meetings
- Brent crude oil futures up 2 cents at $60.50 per barrel (0416GMT)
- US WTI crude futures down 15 cents at $51.48 per barrel
Precious metals
- Gold edges lower as dollar holds steady
- Spot gold down 0.1 pct at $1,220.81 per ounce (0126GMT)
- US gold futures flat at $1,222.2 per ounce
Grains
- Soybeans extend falls on concerns over US exports
- Most active CBOT wheat futures down 0.1 pct at $5.13-3/4 per bushel (0128GMT)
- Most active corn futures up 0.1 pct at $3.56-1/4 per bushel
- Most active soy futures down 0.3 pct at $8.60 per bushel
- Most active rice futures unchanged at $10.75 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Ethiopia’s Abiy Ahmed to meet opposition leaders today
- Kenya MPs to vote on controversial perks today
- 9th West African Monetary Zone ministers’ forum in Abuja today; 27-30 Nov
- Blue economy conference continues in Mombasa, Kenya; 26-28 Nov
- Africa-China Business Forum convenes today in Addis, Ethiopia
- South Africa business confidence data for Q3 due [prev. 22]
- South Africa state capture inquiry today to feature ANC bigwig Gwede Mantashe
- Kenya central bank to announce interest rate decision [fcst. 9.0%, prev. 9.0%]
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- US extends Congo embassy closure amid militant threat
- Saudi crown prince arrives in Egypt on third leg of Arab tour
- South African minister unhappy with Gold Fields after job talks
- African fishing communities face ‘extinction’ as blue economy grows – experts
- On solo Zambia trip, Prince Harry offers help to boost elephant numbers
- Zimbabwe opposition leader: “my hands are clean” in post-vote violence
- Rio Tinto sells stake in Namibia uranium mine to China for $107 mln
- Tunisian activists protest Saudi crown prince visit
- Opposition say Uganda police use teargas, live rounds to disperse meeting
- Africa Crude – Buyers wait for big Nigerian programmes as surplus persists
- South Africa’s Aspen lauches three-in-one HIV drug
- Charities say Malawi plans to gag critics with ‘draconian’ law
- Zimbabwe sees no radical change for platinum, diamond ownership
- Kenya charges three Chinese railway workers with bribery
- Egypt’s Delta Sugar raises beet planting area this year
- Ghana central bank keeps policy rate at 17 pct
- South Africa’s Gordhan files defamation complaint against left-wing party leaders
- Comoros lawmakers defeat move giving president full powers before elections
- South Africa’s Ramaphosa signs minimum wage bill into law
- Kenya’s Maasai zone grazing land to keep off property developers
- Militants kill cleric and 14 others in Somalia in car bomb and gun attack
- South African bourse fines Pepkor for breaching listing requirements
- Uganda boat accident death toll rises to 33 – police
- Egypt’s EFG Hermes considers move into insurance and mortgage sectors – CEO
- Kenya shilling steady; inflows into govt debt meet dollar demand
- New Barrick CEO eyes miners’ alliance to fix Tanzania tax row
- Kenya’s Centum H1 pretax profit soars on higher investments
- Drought-threatened Zimbabwe faces a quandary: Grow maize or not?
- Airtel Africa appoints global banks for IPO
N.B. Full stories of above headlines are available on Reuters
