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