By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asian shares up on US jobs report, but caution seen on trade talks
- Fall in US jobless rate pushes stocks higher
- Unrest in Hong Kong could weigh on market sentiment
- Investors are cautious before US-China trade talks
Oil Markets
- Oil prices slip again amid gathering gloom over global economy
- Brent, WTI benchmarks fell more than 5% last week
- Middle East tensions linger, deadly clashes in Iraqi unrest
- Brent down 24 cents at $58.13 a barrel (0147GMT)
- WTI down 12 cents at $52.69
Precious metals
- Gold rise ahead of US-China trade negotiations
- Spot gold up 0.3% at $1,508.23/oz. (0101GMT)
- US gold futures up 0.1% at $1,513.90/oz.
Grains
- US, wheat, corn and soybeans rise ahead of USDA report release
- Wheat futures up 0.6% at $4.93 per bushel (0022GMT)
- Soybean futures up 0.4% at $9.20 per bushel
- Corn futures up 0.7% at $3.87-1/4 per bushel
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Nigeria’s Buhari to deliver budget speech on Tuesday
- South Africa FX reserves Sep-19 [prev. $49.95B]
- South Africa state capture inquiry continues
Key African events or data releases over the weekend & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Split vote complicates govt formation after Tunisia election
- Libya’s NOC to close Faregh oil field at Zueitina port for maintenance from Oct. 7-14
- UN peacekeeper killed, 4 wounded in Mali mine attack
- Mozambique says US gas giant Exxon to finalise LNG investment next week
- Exit poll shows Islamist Ennahda party first in Tunisia election
- Rwanda kills 18 assailants after deadly national park attack
- Around 20 killed in latest wave of Burkina Faso violence
- Mauritius’ prime minister dissolves parliament, calls general election
- Egypt says talks over Ethiopia’s Nile dam deadlocked, calls for mediation
- Congo says IMF is considering new financial support
- Cameroon president orders main rival freed in bid to calm tensions
- Ethiopia’s Oromo celebrate festival in Addis amid tight security
- Kenya farmers mix tradition with teck to protect drying Mara River
- Morocco coalition party quits ahead of reshuffle
- Fortescue, SMB-Winning go head-to-head to develop Guinea’s Simandou iron ore
- Tunisia’s election credibility affected by candidate’s detention – president
- Tanzania president backs official who beat students with a stick
- South Africa’s rand ends week on stronger footing
- Africa Oil – Angolan offers tumble as freight rate pain continues
- Uganda licenses 2 new commercial banks in crowded market
- Algeria protesters demand army quit politics after cleric urges election
- Ethio Telecom appoints evaluator for assets, seeks advisor for privatisation
- South African attacks on foreigners shame the continent, says Buhari
- South African defence group Denel reports $125 mln loss
- South African public broadcaster to get $211 mln govt bailout
- Kenya shilling strengthens on waning importer demand
- Facebook says removed multiple accounts from Indonesia, UAE, Nigeria and Egypt
N.B. Full stories of above headlines are available on Reuters
