By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia stocks slide as global growth worries deepen
- Asian shares down 0.2 pct, S&P 500 hits 14-mth low
- Fed seen raising rates, hinting slower tightening in 2019
- Investors look to Xi Jinping speech, China conference
Oil Markets
- Oil prices fall 3rd straight session amid supply glut worries
- US shale oil output to top 8 mln bpd by year-end – EIA
- Brent crude oil futures down 1.2 pct at $58.90 per barrel (0340GMT)
- US WTI crude futures down 1.2 pct at $49.27 per barrel
Precious metals
- Gold prices steady in run-up to Fed meeting
- Spot gold little changed at $1,245.40 per ounce (0119GMT)
- US gold futures down 0.2 pct at $1,249.6 per ounce
Grains
- Soybeans mixed in quiet trade; corn, wheat slightly softer
- Most active CBOT wheat futures nearly unchanged at $5.32-1/2 per bushel (0321GMT)
- Most active corn futures nearly unchanged at $3.83-3/4 per bushel
- Most active soy futures nearly unchanged at $9.04-1/4 per bushel
- Most active rice futures down 0.1 pct at $10.57 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Africa-Europe summit in Austria; started yesterday
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- US says air strikes killed 62 militants in Somalia
- Canadian regulator to consider Katanga settlement proposal Tuesday
- France vows aid for Burkina Faso, but no more troops to fight Islamists
- Africa Crude – Angola’s February programme emerges, Nigeria’s awaited
- Gambia names international advisers to tackle debt, ministry says
- Eni, Shell knew of ‘sharks’ in Nigeria graft case – judge
- Fastjet suspends flights in Tanzania until the end of January
- Rediscovering truth: African storytellers tap into rich tradition
- Girls taken to Uganda, Tanzania for ‘vacation cutting’ as Kenya cracks down on FGM
- South African Naspers leads $540 mln investment in Indian tech startup
- Canadian regulator to fine Glencore-controlled miner over Congo – WSJ
- Ugandan shilling weakens on interbank demand
- Zimbabwe inflation soars to new 10-yr high of 31 pct
- Kenyan shilling firms against the dollar
- ‘Nobody will kneel’: Tigrayans defiant as Ethiopian leader cracks down
- Bowing out as president, Congo’s Kabila raises prospect of a return act
- Nigeria’s farmer-herder clashes have left over 3,600 people dead, Amnesty says
N.B. Full stories of above headlines are available on Reuters
