By Rafiq Raji, PhD
Twitter: @DrRafiqRaji
Global Markets
- Asian shares mixed as doubts grow on elusive US-China trade deal
- Markets on edge, await signs of breakthrough on trade
- Chinese stocks rise; Japan, South Korea fall
- Currencies also becalmed, awaiting concrete news
Oil Markets
- Oil slips as lack of US-China trade talk progress frays investor nerves
- Brent down 0.2% at $62.32 a barrel (0148GMT)
- WTI down 0.2% at $56.95 a barrel
Precious metals
- Gold rises as Sino-US trade deal doubts resurface
- Spot gold up 0.2% at $1,473.04/oz. (0105GMT)
- US gold futures up 0.2% at $1,474.10/oz.
Grains
- Corn rebounds from 2-mth low as US harvest pace lags
- Corn futures up 0.2% at $3.68-1/2 a bushel (0145GMT)
- Soybean futures up 0.1% at $9.11-1/2 a bushel
- Wheat futures down 0.1% at $5.06-3/4 a bushel
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]
- G20 compact with Africa investment summit & conference in Berlin
- Nigeria finance bill 2019 public hearing
- South Africa state capture inquiry continues
- Global Business Forum Africa 2019 summit in Dubai; 18-19 Nov
Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]
- US blacklists former Kenyan attorney general over corruption allegations
- Mali army says 24 soldiers, 17 militants killed in attack on northern patrol
- Air strike hits biscuit factory in Libyan capital, killing 10
- EU wheat firm as Algeria tender adds to export demand
- South Africa appoints Nampak’s de Ruyter as CEO of indebted Eskom
- Africa Oil – Angolan December cargoes almost sold out, new programme emerges
- Zimbabwe central bank halves main rate despite soaring inflation
- Jumia suspends its e-commerce business in Cameroon
- Niger’s main opposition leader returns to jail with eye on presidental bid – lawyer
- Zimbabwe central bank cuts main lending rate to 35% from 70% – statement
- Egypt risks US sanctions over Russian fighter jet deal – US official
- South Africa’s rand weakens, monetary policy in focus
- Ivory Coast 2019/20 cocoa grind up 4.4% by end Oct.
- South Africa’s Naspers forecasts lower first-half profit
- Botswana cuts 2019 economic growth forecast
- UK lawmaker blames HSBC, Stanchart, Baroda in South Africa corruption
- Egypt sells $1.56 bln 1-yr dollar t-bills
- South Africa’s SAA to resume some regional flights, cancel domestic
- Nigeria oil firm Seplat says CEO to retire in July
- South Africa Astral Foods’ profits hit by high feed costs, drought
- Test for Ethiopia’s reforms as Sidama people vote on autonomy
- Food prices push Nigeria inflation to 17-mth high after border closures
- Egypt grants 51 brokerage firms short-selling bourse licence
- Uganda shilling holds steady against the dollar
- Kenyan shilling firms against the dollar
- Nigeria annual inflation at 11.61 pct in October – stats office
- South Africa’s Netcare posts higher HEPS, forecasts hit to first-half
- South Africa’s Pioneer Food reports 6% fall in annual profit
- South Africa MTN, Cell C expand roaming agreement
N.B. Full stories of above headlines are available on Reuters