By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asian shares tentative ahead of Trump-Xi meeting, Fed speech
- MSCI Asia-Pacific ex-Japan flat, Australian shares soft
- Dollar index near 1-1/2 year peak
- China, US could reach a deal – Kudlow
- British pound among worst performers on Brexit news
Oil Markets
- Oil edges up ahead of OPEC meeting, but sentiment still cautious
- Brent crude oil futures up 0.7 pct at $60.65 per barrel (0148GMT)
- US WTI crude futures up 0.6 pct at $51.88 per barrel
Precious metals
- Gold prices steady as Fed comments boost dollar
- Spot gold steady at $1,214.71 per ounce (0134GMT)
- US gold futures little changed at $1,214 per ounce
Grains
- Wheat edges away from 1-wk low, soybean prices steady
- Most active CBOT wheat futures up 0.3 pct at $5.07-3/4 per bushel (0140GMT)
- Most active corn futures down 0.1 pct at $3.56-1/4 per bushel
- Most active soy futures unchanged at $8.75-1/2 per bushel
- Most active rice futures down about 0.1 pct at $10.84 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
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- Blue economy conference in Nairobi, Kenya, concludes today; 26-28 Nov
- Kenya MPs to vote on gender bill today
- South Africa’s state capture inquiry continues
- Nigeria’s Buhari to visit northeast of country; where soldiers were recently killed by terrorists
- South Africa’s Eskom to release interim financials today
- South Africa consumer confidence data for Q3 due [prev. 22]
- Saudi’s Falih to hold briefing with Nigerian oil minister today in Abuja
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Saudi crown prince leaves Tunisia to Argentina to attend G20 summit
- Tunisians stage first Arab protests against visiting Saudi crown prince
- Russian bank: we assigned $12 bln ‘loan’ to poor African state by mistake
- Saudi, Tunisia have good relations – Saudi crown prince
- G20 makes slow progress on communique amid ‘difficult’ talks
- Sierra Leone president urges end to strike at Iluka’s rutile mine
- Gabon’s Bongo headed to Morocco to continue recovery – wife
- MPs: Kenya must pass women’s representative bill or risk constitutional crisis
- Millions of poor city children worse off than rural peers – UNICEF
- Zambia targets 200 MW solar power to reduce hydro dependency
- Saudi Falih to hold briefing with Nigerian oil minister on Weds
- Prince Harry joins the circus in Zambian youth project
- Nigeria awards mining exploration contract to 10 mining, consulting firms
- Africa crude – Nigerian Bonny exports set to dip in January
- Egypt’s state banks helping to support currency – bankers, economists
- Cameroon seperatists risk death sentence following terrorism charges
- Under pressure from Western donors, Tanzania leader prefers China aid
- La Mancha plans to expand its African footpring, buy Barrick gold mines
- Migrant flows slow to trickle in Libyan former smuggling hub
- Kenyan central bank holds main lending rate at 9.0 pct
- Ethiopia PM meets opposition parties, promises fair elections
- South Africa’s Taste halts Domino’s and Starbucks store expansion
- South Africa leftist leader Malema files graft complaint against Gordhan
- Algeria’s Sonatrach awards gas contract to Britain’s Petrofac
- Egypt’s poor bear brunt of crackdown on farmland building
- Kenyan shilling weakens on end month demand
- South Africa’s Omnia to cut chemical unit job s after half-year loss
- South Africa business confidence falls for third straight quarter – survey
- Ivory Coast issues 7-yr 100 bln CFA franc ($174 mln) bond
- Uganda shilling strengthens amid a decline of appetite for hard currency
- Nigeria LNG offers December cargo – sources
- South Africa airways needs $540 mln in working capital from next month
- South Africa’s Nampak FY profit rises 15 pct
N.B. Full stories of above headlines are available on Reuters