By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia stocks edge up as weak data lift stimulus hopes
- MSCI Asia-Pacific index up 0.1%, Nikkei gains 0.4%
- Stocks up amid US, China & eurozone stimulus hopes
- Euro capped with ECB expected to cut rates later this week
Oil Markets
- Oil rises as Saudi Arabia signals OPEC cuts to continue under new energy minister
- Brent up 7 cents at $61.61 a barrel (0106GMT)
- WTI up 20 cents at $56.72
Precious metals
- Gold inches up on hopes of economic stimulus
- Spot gold up 0.3% at $1,511.30/oz. (0117GMT)
- US gold futures up 0.2% at $1,518.5/oz.
Grains
- Corn rebounds from 4-mth low; US harvest prospects cap gains
- Wheat futures unchanged at $4.63-3/4 per bushel (0139GMT)
- Corn futures up 0.4% at $3.56-3/4 per bushel
- Soy futures up 0.1% at $8.58-3/4 per bushel
- Rice futures down 0.2% at $11.95 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- 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]
- 29 killed in 2 attacks in Burkina Faso
- Experts challenge WHO with “epic” goal to eradicate malaria by 2050
- Zimbabwe – Mugabe’s family pushes back against govt burial plan
- Sudan tribes sign peace deal after deadly clashes in Port Sudan
- Mugabe’s funeral & burial planned for next weekend – Zimbabwe govt memo
- Televised debates a new step in Tunisia’s young democracy
- Egypt’s Fawry eyes UAE deal, Saudi & Kuwaiti markets
- Armed robbery takes place at office at Libya state oil firm in Tripoli
- Nigeria’s Buhari to visit South Africa after attacks
- Zimbabweans mourn founder Mugabe but confused over burial
- Zimbabwe – In Mugabe’s village, relatives say he was very bitter before death
- Libya – 3 killed in renewed fighting in southern Tripoli – witness
- Sudan’s Bashir kept key to room with millions of euros, court hears
- AU lifts Sudan suspension after transitional govt appointed
- Zimbabwe president declares Mugabe a national hero
- Former inmate tours Ethiopia torture centre after it opens to the public
- Prince Harry to visit Diana’s Angola landmine project
- South Africa – Fired Old Mutual boss plans return to work as court rules against insurer
- South Africa’s Denel to exit some businesses within months
- Families press for memorial at Ethiopian Airlines crash site
- South Africa court rules in favour of sacked Oid Mutual CEO – TV
- Madagascar forest destruction wiping out humans’ tiniest relative
- Zimbabwe Mugabe’s legacy: thousands killed in “rain that washes away the chaff”
- MTN Nigeria shares hit 3-mth high after partial reopening
- Zimbabwe Mugabe’s farm seizures: racial justice or castastrophic power grab?
- Ethiopia should slowly liberalise its exchange rate – central bank governor
- South Africa’s Sasol to release delayed results by Oct. 31
- Attackers kill 2 aid workers in western Ethiopia
- South Africa’s net foreign reserves rise to $44.226 bln in August
- South Africa auto sector in line for $4 bln investment boost – industry body
- Zimbabwe’s former president Robert Mugabe dies in Singapore
N.B. Full stories of above headlines are available on Reuters
