By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asian shares rise to 3-mth highs, dollar awaits for Fed
- MSCI ex-Japan rises for a third straight day
- Japan’s Nikkei hits decade high
- Share sentiment boosted by trade talks, earnings
- Eyes on US Fed rate decision, Brexit developments
Oil Markets
- Oil holds steady as Russia reaffirms commitment to outupt cuts
- Brent down 1 cent at $62.01 a barrel (0055GMT)
- WTI down 4 cents at $56.62
Precious metals
- Gold steady as Sino-U.S trade tensions ease
- Spot gold steady at $1,504.60/oz. (0059GMT)
- US gold futures up 0.1% at $1,507.40/oz.
Grains
- Soybeans rebound from 2-wk low, US harvest caps gains
- Wheat futures down 0.5% at $5.15-1/4 per bushel (0016GMT)
- Corn futures down 0.1% at $3.86-1/4 per bushel
- Soy futures up 0.4% at $9.23-3/4 per bushel
- Rice futures down 0.1% at $12.04 per hundredweight
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- Nigeria’s Buhari heads to Saudi Arabia for 3rd Future Investment Initiative
- South Africa state capture inquiry resumes
- Guinea’s Conde & Equatorial Guinea’s Obiang in Turkey
Key African events or data releases over the weekend & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Mozambique’s Nyusi retains power after sweeping victory in disputed poll
- Saudi dips on weak earnings; proper shares aid Egypt
- President Filipe Nyusi wins 73% of vote in election – election commission
- Tanzania Q2 GDP growth rises to 7.2% v 6.1% – statistics bureau
- Booker Prize winner Evaristo hopes to build ties with African and British readers
- Violence during Ethiopian protests was ethnically tinged, say eyewitnesses
- Tanzania state carrier aims to double fleet to 14 planes by 2022: official
- US imposes sanctions on Zimbabwe’s state security minister
- Nigeria has no plans to go to international debt market this year
- Moroccan activist on hunger strike admitted to prison clinic – lawyer, family say
- Russia affirms close oil cooperation with Saudi Arabia, OPEC+
- Prominent activist won’t rule out election challenge to Ethiopia PM
- 67 people killed in protests in Ethiopia’s Oromiya region – police
- South Africa’s rand firmer as investors await next week’s budget
- Libya’s NOC September revenues slip to $1.8 bln vs August
- Zimbabwe’s president says Western sanctions a “cancer” eating at economy
- Africa Oil – Oil volumes eastward steady for October amid freight crunch
- From Ethiopia to Australia, the promises and pitfalls of tourism for good
- Somalia says Shell, Exxon agree to pay $1.7 mln for oil blocks lease
- Egypt reopens Alexandria and Dekheila ports after closure for bad weather
- Morocco arrests 6 suspected jihadists – police spokesman
- Botswana’s Masisi retains presidency as BDP wins election
- Japan’s Univergy to invest $200 mln in Zambia solar power
- Uganda shilling a notch stronger on slowing demand by banks, importers
- CAR considers hosting Russian military base – RIA
- Botswana’s ruling party BDP wins general election – Chief Justice
- Egypt’s farmers tackle climate change with comedy and community
N.B. Full stories of above headlines are available on Reuters
