By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asian shares edge up as earnings, geopolitics sway sentiment
- Nikkei at 1-yr high
- Tesla shares jump 21%, Microsoft gains too
- Investors ignore earnings miss from Caterpiller, Boeing
- Brexit developments still in focus
Oil Markets
- Oil pares US stock-draw gains on weak demand outlook
- Brent down 0.6% at $60.78 a barrel (0111GMT)
- WTI down 0.8% at $55.51
Precious metals
- Gold steady as investors await Brexit clarity, Fed meeting
- Spot gold unchanged at $1,491.83/oz. (0129GMT)
- US gold futures flat at $1,494.60/oz.
Grains
- Wheat up for 2nd session on strong demand, tightening supplies
- Wheat futures up 0.2% at $5.21-3/4 per bushel (0042GMT)
- Corn futures up 0.3% at $3.88-3/4 per bushel
- Soy futures up 0.1% at $9.34-1/2 per bushel
- Rice futures down 0.1% at $11.66 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Kenya Building Bridges Initiative (BBI) constitutional reforms report to be submitted to Kenyatta & Odinga
- Vote counting of Botswana polls start; Khama-backed UDC already crying foul
- Russia-Africa summit in Sochi; 23-24 Oct
- UN under-SG & humanitarian chief Mark Lowcock in Nigeria; 23-24 Oct
- Mozambique election results awaited; Nyusi expected to win
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Russia’s VEB signs deal to build 2 bln euro refinery in Morocco – report
- Leader of South Africa’s main opposition party resigns
- Protests spreade after stand-off at Ethiopian activist’s home
- Ghana loses $190 mln US grant over cancelled power contract
- South African rand weaker after lower inflation reading
- “A better life somewhere else”: Europe-bound African migrants wait in Rwanda
- African slum map exposes true scale of urban poverty
- Africa Oil – Spot activity muted as traders weigh up programmes
- Russia lands nuclear bombers in Africa as Putin host continent’s leaders
- UK’s Gemcorp, Russia’s Sberbank, VEB team up for Africa trade finance
- Peacebuilding in Somalia – another victim of climate change?
- Ethiopia sees rise in businesses doing good as economy opens up
- Russia signs deal to supply Niger with 12 attack helicopters – RIA
- South African Airways, Comair return planes to service after safety audit
- Green groups ask French court to order Total to disclose environmental steps in Uganda
- Property shares weigh on Egypt; other Gulf markets mixed
- Russia’s VTB looking to sell 10% of its Angolan unit
- Sudan upbeat on prospects for removal from US terrorism list
- Ethiopian residents in city of Adama report sounds of gunshots following protests
- Botswana votes in first real challenge to ruling party
- Green bond issuances surpasses $200 bln so far this year
- Uganda shilling weakens on surge in banks’ demand
- Stand-off at Ethiopian activist’s home amid tensions with PM – Reuters witness
- Disease fighters to mark partial victory in polio eradication battle
- Russia’s VTB, Mozambique president discuss debt restructure
- South African Airways, Comair return grounded planes to service
- Kenya shilling strengthens, helped by govt bond buyers
- South Africa consumer inflation slows to 4.1% y/y in Sept
- Burundi security forces kill 14 armed men plotting attack
- Egypt accepts invitation to meet in US over Ethiopia dam dispute
N.B. Full stories of above headlines are available on Reuters