By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia stocks gain ahead of Fed, pound pressured by fresh Brexit pain
- MSCI Asia-Pacific index up 0.35%, Nikkei climbs 0.7%
- Pound hits 28-mth low on heightened no-deal Brexit woes
Oil Markets
- Oil prices rise ahead of expected US interest rate cut
- Brent up 0.5% at $64.01 a barrel (0013GMT)
- WTI up 0.6% at $57.21
Precious metals
- Gold dips on stronger dollar, Fed meet in focus
- Spot gold down 0.3% at $1,422.81 per ounce (0128GMT)
- US gold futures up 0.2% at $1,422.50
Grains
- Corn falls for fifth session on USDA crop report
- Most active CBOT wheat futures down 0.3% at $5.02 per bushel (0048GMT)
- Most active corn futures down 0.3% at $4.25-3/4 per bushel
- Most active soy futures down 0.1% at $9.05 per bushel
- Most active rice futures down 0.2% at $12.29 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- East African Community central bank governors to meet in Kigali, Rwanda
- India president Kovind state visit to The Gambia
- South Africa’s ruling ANC post-NEC media briefing
- Kenya inflation Jul-19 [fcst. 7.0% yy, prev. 5.7%]
- Uganda inflation Jul-19 [fcst. 3.4% yy, prev. 3.4%]
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Chaos and fear in Libya’s Mitiga airport after missiles halt air traffic
- Morocco’s king seeks new development model, urges govt reshuffle
- 4 school children shot dead at Sudan protest – opposition campaigners
- Nigeria’s central bank awards financial services license to MTN subsidiary
- Morocco economy falls short of meeting social demands, central bank says
- Ramaphosa is “last hope” for South Africa, Chinese diplomat says
- South Africa’s rand regains ground; Eskom bonds fall
- UN calls for Eid truce in Libya, warns foreign support fueling conflict
- Oil unit of Nigeria’s Dangote refinery sets sail from China – Sinopec
- Africa Oil – Nigerian market long; Angolan steady
- South African utility Eskom’s chairman adds on interim CEO role
- Uganda to start new vehicle production by June 2022
- Senegal to crack down on huge plastic waste by enforcing law
- South Africa’s Eskom dollar bonds slip as hunt for CEO continues
- Kenya ruling that corruption suspect must step down seen having wider impact
- Nigeria court adjourns bail hearing for leader of banned Shi’ite group
- South Africa’s Gordhan wins reprieve from public protector’s orders
- South Africa court suspends public protector’s orders against Gordhan
- Uganda shilling holds steady against the dollar
- Kenya shilling under pressure from end month dollar demand
- African cattle investing – the new cash cow?
- South Africa’s rand steady; focus on unemployment, trade data
- South African credit demand growth slows to 6.91% in June
N.B. Full stories of above headlines are available on Reuters
