By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asia shares left guessing on trade, await Trump speech
- Shares mark time in Asia, bonds bounce a little
- Awaiting Trump speech in New York for news on trade
- Reports Trump to delay auto tariffs on EU for 6 mths
- Sterling holds gains after Boris gets a Brexit boost
Oil Markets
- Oil dips for 2nd day on lack of trade talk progress
- Brent down 0.2% at $62.04 a barrel (0256GMT)
- WTI down 0.3% at $56.68 a barrel
Precious metals
- Gold flat as investors shift focus to Trump speech
- Spot gold flat at $1,455.55/oz. (0057GMT)
- US gold futures unchanged at $1,456.60/oz.
Grains
- Soybean futures rebound from 1-mth low
- Soybean futures up 0.1% at $9.17-3/4 per bushel (0148GMT)
- Corn futures up 0.1% at $3.73-3/4 per bushel
- Wheat futures little changed at $5.05-3/4 per bushel
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- International Conference on Population & Development (ICPD) in Nairobi; 12-14 Nov
- 2019 Africa investment forum by AfDB et al. in Johannesburg; 11-13 Nov
- Lesotho PM Thabane in Kenya
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- Guinea president replaces security minister following deadly protests
- Jordan, UAE, Turkey, Sudan accused of violating sanctions on Libya – UN report
- Ghana to finalise $600 mln cocoa loan package this week
- Kenya hosts global sexual health summit amid protests from Catholics, pro-life groups
- Africa Oil – Spot muted after previous flurry of sales
- South Africa’s rand weaker on China-US trade deal delay
- Nigeria’s mental health system routinely chains patients up, says Human Rights Watch
- After fanfare, new Zimbabwe banknotes fail to arrive
- Egypt sells 695 mln euros in euro-denominated t-bills – central bank
- Gambia files Rohingya genocide case against Myanmar at World Court – justice minister
- Reopening of Boungou mine in Burkina will depend on security – Semafo
- Founder of South African asset manager Allan Gray dies at 81
- South Africa’s MultiChoice H1 profits rise 22%
- South Africa – Johannesburg seeks to avert ‘ecological disaster’ from beetle-infested trees
- African oil states offer new deals to lure more selective investors
- South Africa’s Absa to open New York office by end of the year
- Egypt’s core inflation rises to 2.7% in Oct from 2.6% in Sept – c.bank
- Drought-hit Zimbabwe readies mass wildlife migration
- Egypt has imported rice reserves through first week of February – minister
- Congo central bank lowers 2019 GDP growth forecast to 4.6%
- Egypt targets 6.4% growth, 6.2% deficit in fiscal 2020/2021 – finance ministry
- Kenyan shilling firms to 4-mth high, helped by remittances
- ArcelorMittal South Africa to close Saldanha operation
- South Africa’s Aspen to sell Japan business to Novartis in bid to reduce debt
- South Africa’s Vodacom H1 profits rise 19%
N.B. Full stories of above headlines are available on Reuters
