By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia shares slip as US sanctions on Huawei threaten fresh tensions with China
- Asia stocks slip after US unveils sanctions on Huawei
- Australian jobs data spurs rate cut expectations
- Soft US, China economic data underscore slowdown
- US bond yields dip, 2-yr yields hits 15-mth low
Oil Markets
- Oil edges up for 3rd session on Mideast tensions
- Market shrugs off gain in US crude oil inventory
- Uncertainty over OPEC supply helping to cap price gains
- Brent up 0.6 pct at $72.18 a barrel (0612GMT)
- WTI up 0.6 pct at $62.40 per barrel
Precious metals
- Gold holds steady as rising equities counter safe-haven demand
- Spot gold steady at $1,295.84 per ounce (0103GMT)
- US gold futures down 0.1 pct at $1,296.90 an ounce
Grains
- Corn jumps 1.5 pct as rains threaten to further slow planting
- Most active CBOT corn futures up 1.6 pct at $3.75-1/2 a bushel (0044GMT)
- Most active wheat futures up 0 .7 pct at $4.52-1/2 a bushel
- Most active soybean futures up 1.6 pct at $8.15 a bushel
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Ethiopia’s ruling EPRDF executive committee meets
- 2019 Transform Africa summit in Kigali rounds up; day 3
- South Africa state capture inquiry continues
- MTN to list on Nigerian Stock Exchange
- South Africa’s EFF post-election press conference
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- South Africa’s rand slips as trade tensions weigh on risk demand
- South Africa’s Investec reports 3.6 pct rise in annual earnings
- Low prices, promotions lift South Africa’s Dis-Chem annual profit
- Sudan opposition regrets military council’s suspension of talks
- Kenya raises $2.1 bln with dual-tranche eurobond
- Sudan forces clear protesters with gunfire; talks suspended for 72 hours
- From camel to cup: Camel milk froths hopes in drought-hit Kenya
- Libya general Haftar did not consult with UAE before his move on Tripoli – minister
- Zimbabwe to rebase economy after adopting new currency – finmin
- Mozambique needs $3.2 bln for post-cyclone reconstruction – local media
- UN calls on Tunisia to immediately release detained official
- Clashing tribes and shrinking grassland as Kenya airport sparks
- At least 17 Niger soldiers killed in ambush – govt spokesman
- Sudan forces fire into air, seeking to clear protesters from central Khartoum – Reuters
- Egypt’s Sisi opens huge suspension bridge over the Nile
- Africa Oil – Bonny Light force majeure lifted, Angolan programme awaited
- South Africa’s Long4Life beats sales estimates, shares jump
- Uganda agrees to pay oil firms more to use planned pipeline
- Zimbabwe platinum mines to ride out power cuts, gold output less secure
- Tunisia’s economic growth slows to 1.1 pct in first quarter
- South Africa retail sales up 0.2 pct y/y in March
- Uganda shilling holds steady against the dollar
- South Africa’s Ramaphosa says to speed up economic reforms, fix Eskom
- Tharisa seeks to tap Zimbabwe’s battery minerals potential
- Egypt unemployment rate drops to 8.1 pct in Q1 2019 – statistics agency
- South Africa’s Ramaphosa says committed to speedy economic reforms
- Nigeria consumer inflation edges up to 11.37 pct in April – stats office
- MTN Nigeria eyes debt and equity sale after stock market listing
- South Africa’s Spar in final stages of talks to buy controlling stake in Polish retail chain
- Fights to end polio, contain ebola made tougher by rising violence, research finds
- Egypt’s EGAS offers 13 LNG cargoes for June-July – sources
N.B. Full stories of above headlines are available on Reuters
