By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Trump & Xi agree on 90-day truce to negotiate
- Relief for risk appetite and emerging markets
- Aussie dollar jumps, yuan gains on dollar
- Focus on testimony from Fed’s Powell later in week
Oil Markets
- Oil prices rise after US, China agree to hold off on new tariffs
- Brent crude oil futures up 2.2 pct at $60.77 a barrel (2307GMT, 2 Dec)
- US WTI crude oil futures up 2.7 pct at $52.37 per barrel
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- UN climate change conference in Poland; Nigeria’s Buhari attending
- South Africa Q3 GDP data, Namibia & Botswana MPC decisions during the week
- South Africa’s state capture inquiry to continue
- Nigeria’s leading opposition presidential candidate Abubakar to flag off campaign
Key African events or data releases over the weekend & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Saudi crown prince arrives in Algeria
- Soccer – Raja Casablanca win African Confederation Cup
- Nigeria’s Buhari denies dying and being replaced by lookalike
- Beyonce leads all-star line-up at Mandela tribute concert
- Emphasis on urgency as climate talks begin in coal city Katowice
- Germany seeks private funds for climate projects in Africa, elsewhere – newspaper
- UN condemns spate of “brutal” sexual attacks in South Sudan
- Four Libyan oil export ports reopen after closures for bad weather
- Saudi crown prince arrives Mauritania
- US military says strike kills nine militants in Somalia
- Egyptian film star charged with ‘inciting immorality’ for wearing see-through dress
- Iluka resumes operations at Sierra Leone rutile mine as strike ends
- Employees of Indian firm held by Ethiopian staff say fears for safety
- IMF agrees new loan programme for Sierra Leone
- Short of time, Somalia delays landmark regional vote as tensions rise
- Egyptian tax change could spur banks to step up private lending
- Rwanda’s economy to grow 7.2 pct this year – IMF
- Madagascar president concedes defeat in polls – statement
- Saudi crown prince meets South African president on sidelines of G20
- Egypt to stop discounted customs exchange rate for some imports
- Soccer – Cameroon stripped of right to host 2019 African Nations Cup
- Oil workers’ discontent a risk for Libyan output surge
- Orange says Niger orders offices shut over tax dispute
- Italian foreign minister summons Egyptian ambassador over Regeni murder
- Kenyan charity holds pageant to affirm dignity of people with albinism
- Nigeria’s Diamond Bank sees no need to refinance $200 mln eurobond at maturity
- Congo minister says threat against US facilities is serious
- Africa Crude – Spot limited as Chinese interest stalls
- Losses at Naspers’ e-commerce unit narrow but Tencent still dominates
- Unknown gunmen rape 125 women in South Sudan – aid agency
- US strike kills 11 suspected Qaeda militants in Libya – Africom
- Campaigners in Kenya challenge Marie Stopes abortion ban in court
- Egyptian women race in Cairo to campaign for end to violence
- WHO says spread of polio remains international health emergency
- South Africa’s main iron ore export rail link closed until Dec. 9
- South Africa’s Naspers H1 profit jumps 39 pct
- South Africa’s trade deficit widens to 5.55 bln rand in October
- South Africa’s High Court rejects white farmers’ challenge to land expropriation plans
- South Africa’s Zuma wants arms deal corruption charges set aside
- Oil workers’ discontent threatens Libyan output surge
- Kenya’s inflation edges up to 5.58 pct in November
- Nigeria central bank to boost FX sale after naira eases on black market
- Transnet shuts main iron ore export rail link after accident
- South Africa’s Zuma wants arms deal corruption charges set aside
- Rwanda’s Bank of Kigali to set aside $40 mln for lending to firms
- More firms show interest in South Africa’s Clover
- Kenyan shilling gains ground, horticulture inflows help
- South African Eskom implements power cuts for second day
- Kenya’s Nairobi Business Ventures to list 15 mln additional shares
- Kenya’s HF Group warns of lower FY profit, posts 9-mth loss
- Enough poor children: Africans call for diversity in aid campaigns
- Rising number of ‘skeletal’ children as CAR violence surges
N.B. Full stories of above headlines are available on Reuters