By Rafiq Raji, PhD
Twitter: @DrRafiqRaji, @macroafrica

Global Markets

• Asian stocks slide as US tariffs on EU fan growth worries
• US tariffs on EU goods hit already weak sentiment
• Treasury yields show waning confidence in growth

Oil Markets

• Oil extends losses as economic data, growing inventories drag
• Brent down 0.3% at $57.52 a barrel (0052GMT)
• WTI down 0.2% at $52.55

Precious metals

• Gold rises as weak US data fuels global slowdown worries
• Spot gold up 0.1% at $1,500.59/oz. (0105GMT)
• US gold futures down 0.1% at $1,506.4/oz.

Grains

• Wheat rebounds from heavy losses but checked by slow US sales
• Wheat futures up 0.2% at $4.90 per bushel (0306GMT)
• Corn futures unchanged at $3.87-3/4 per bushel
• Soy futures nearly unchanged at $9.13-1/2 per bushel
• Rice futures up 0.2% at $11.74 per hundredweight

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

• Nigeria’s Buhari in South Africa for state visit; 2-4 Oct
• Kenya’s Nairobi international trade fair; 30 Sep – 6 Oct
• South Africa Standard Bank PMI Sep-19 [prev. 49.7]
• South Africa SACCI business confidence Sep-19 [prev. 89.1]
• South Africa state capture inquiry continues

Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

• Zimbabwe women struggle to shake off sex-for-land corruption
• Mali army families demand answers after deadly raids against soldiers
• Landslide at gold mine in eastern Congo kills at least 16
• Women’s football league kicks off in post-Bashir Sudan
• Rwanda charges 25 men tied to rebel outfit with treason, other crimes
• Remittances from Egyptians working abroad rose to $2.6 bln in July – central bank
• South African union files case against Samancor Chrome over alleged fraud
• Africa Oil – Sonangol seeks to sell several cargoes but buyers hold out
• Hit by wildfires and heat, Tunisia’s youth join climate protests
• US re-opens embassy in Somali capital amid persisting Islamist violence
• South Africa’s Discovery targets mental health with rewards plan
• US Justice dept drops investigation into Shell over Nigerian oil deal
• Nigeria’s central bank pressures lenders with loan requirement increase
• Kenya finds $71 mln in suspect cash as it retires old notes – cenbank
• UK’s Prince Harry says he wants to pass on “embrace” of Africa to son Archie
• Tunisia has initial plans to issue bonds up to 800 mln euros in 2020 – senior govt official
• South Africa’s AMCU mining union sees imminent wage deal with Impala Platinum
• South African miner Harmony gets new $400 mln credit facility – bank
• Uganda shilling slightly stronger, liquidity injection could trim gains
• African mast operator Helios Towers launches up to $1.8 bln London IPO – source
• South Africa’s Bidcorp to sell unit to Tesco’s Booker
• South Africa’s rand weakens as global recession fears weigh

N.B. Full stories of above headlines are available on Reuters