By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Stocks shiver as new US-China tariffs add to global gloom
- US stock futures down 0.4%, Hong Kong leads loss in Asia
- US tariffs seen hitting US consumers
- Hong Kong protests escalate
Oil Markets
- Oil falls amid new round of tariffs in US-China trade war
- Brent down 0.7% at $58.83 a barrel (0041GMT)
- WTI down 0.5% at $54.83
Precious metals
- Gold prices rise as US, China kick off new round of tariffs
- Spot gold up 0.6% at $1,528.31/oz. (0048GMT)
- US gold futures up 0.5% at $1,537.70/oz.
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Xenophobia protest in South Africa
- South Africa total new vehicle sales Aug-19 [prev. 46.1K]
- South Africa state capture inquiry resumes
Key African events or data releases over the weekend & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Libya’s oil & gas revenues rose to $2.1 bln in July – NOC
- Egypt scraps customs exchange rate as of Sept. 1
- Head of Congo’s public finances watchdog questioned by authorities
- Sudan’s ex-president Bashir charged with corruption, holding illicit foreign currency
- South Africa’s rand firmer, trade hopes lift stocks to 3-wk high
- Tunisia central bank holds key interest rate unchanged at 7.75 pct
- Africa Oil – Southeast Asian interest flickers for Nigerian light sweet oil
- South Africa’s African Rainbow Minerals to moth-ball loss-making Nkomati mine
- South African defence company Denel gets 1.8 bln rand state bailout
- Satellite data shows hunger looming in Senegal, Mauritania
- South Africa’s trade balance swings to surprise deficit in July
- Zambia bails opposition leader charged with defaming president
- Ethiopia to install 4G network ahead of telecoms liberalisation
- Rwanda’s Bank of Kigali first half pretax profit falls 3%
- Ebola death toll in east Congo outbreak climbes above 2,000
- Tanzania lawyers urge speedy trial, medical help for prominent jailed journalist
- South Africa’s Discovery warns of falling full-year profits
- Kenya inflation falls to 5.0% y/y in August
- Botswana’s Shumba Energy plans coal-to-liquids plant with Chinese firms
- South Africa’s credit demand growth quickens to 7.19% in July
- Uganda says latest ebola patient to be returned to Congo
- Vietnam’s Binh Son refinery buys first Nigerian crude cargo – sources
- African lender says China not trying to lead region into ‘debt trap’
N.B. Full stories of above headlines are available on Reuters
