By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asian shares firmer on improved Sino-US trade tone, oil up 1%
- Australian shares rise 0.5%, NZ shares up 0.2%
- E-mini futures for S&P 500 up 0.5%
- Risk-sensitive Aussie firms, dollar up on yen
- Oil gains after sell-off on Friday, gold nudges lower
Oil Markets
- Oil gains on Saudi supply disruption, Mideast tensions
- Brent up 0.9% at $64.84 per barrel (0224GMT)
- WTI up 0.9% at $58.61 per barrel
Precious metals
- Gold prices edge lower; palladium scales record high
- Spot gold down 0.3% at $1,512.91/oz. (0116GMT)
- US gold futures up 0.3% at $1,519.8/oz.
Grains
- Soybeans rise; fears of prolonged trade war cap gains
- Wheat futures down 0.2% at $4.83-1/4 per bushel (0054GMT)
- Corn futures up 0.1% at $3.71-1/4 per bushel
- Soy futures up 0.1% at $8.84 per bushel
- Rice futures down 0.6% at $12.24 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Central Bank of Kenya MPC decision [fcst. 8.0%, prev. 9.0%]
- African leaders in New York this week for UNGA
- 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]
- 5 Western countries, Turkey & UAE back Libya state oil firm
- Africa to seek declaration of global climate emergency at UN summit
- Tanzania leader suggest amnesty for financial crimes
- WHO: Tanzania not sharing information on ebola
- Protests drag down Egypt indexes to multi-year lows
- Egypt trading suspending as shares plunge after protests
- Somalia’s al Shabaab raid military base, loot weapons
- Suth Africa slowly turning tide against rhino poaching, says minister
- Targeting militants, Nigeria to require ID cards in the northeast
- Ethiopia says detains suspected Islamist militants planning attacks
- Stacks of cash shown at trial at Sudan’s toppled leader Bashir
- Nigeria state oil company says refinery revamps set for January
- Congo to deploy second ebola vaccine
- Small but rare protests in Egypt after online call for dissent
- Africa Oil – Bonny export delays to carry into November
- Nigeria anti-graft office charges former oil official over failed gas deal
- Leader of militant South Africa mining union re-elected
- Nigeria central bank keeps benchmark rate at 13.5%
- Algerians defiant in first protest since election call
- Tanzania begins shipments of maize to drought-hit Zimbabwe
- Gerald Group unit to suspend iron ore mining in Sierra Leone
- On guard: the Senegal jail teaching teenagers to use swords
- Tanzania inks deal to buy 2 passenger planes from Airbus
- Morocco’s CPI rises 0.8% in August – planning agency
- Missing Zimbabwe doctor found but pay strike to go on – union
- South Africa’s Grand Parade posts FY profit on Dunkin’ closure
- South Africa’s rand firms on economic stimulus, easing trade tensions
- Libya Coast Guard picks up nearly 500 migrants in region surrounding Tripoli
N.B. Full stories of above headlines are available on Reuters
