By Rafiq Raji, PhD
Twitter: @DrRafiqRaji, @macroafrica
Global Markets
- Asia shares inch higher as US markets holiday
- Oil prices climb on Libyan supply concerns
- Dollar firm as US economy outperforms
- Eyes on US earnings, Netflix to report on
Oil Markets
- Oil jumps to highest in more than a week after Libyan shutdowns
- Brent up 1.1% at $65.59 a barrel (0331GMT)
- WTI up 1% at $59.12
Precious metals
- Gold prices rangebound as strong US data fuels risk-on sentiment
- Spot gold up 0.1% at $1,558.47/oz. (0134GMT)
- US gold futures down 0.1% at $1,558.10/oz.
Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji, @macroafrica]
- UK-Africa investment summit in London
- South Africa ruling ANC executives meet; 19-20 Jan
- Nigeria supreme court to rule on gubernatorial appeals
- Ghana’s NPP parliamentary & presidential nominations open
- South Africa state capture inquiry resumes
Key African events or data releases over the weekend & early a.m today
- Australia’s FAR takes final investment decision for Senegal’s first oil project
- As Brexit nears, UK’s Johnson pushes for deeper trade ties with Africa
- Gargash says UAE supports Berlin conference on Libya – tweet
- Pompeo sees progress towards ceasefire in Libya at Berlin summit
- Libya’s oil output to drop to 72,000 bpd in a few days – NOC
- Libya summit in Berlin brough “little step forward” – Russia’s Lavrov
- Berlin summit on Libya did not discuss any sanctions – Merkel
- Italy ready to play leading role in monitoring Libya peace – PM Conte
- UN chief says he is very worried that oil ports, oilfield shut in Libya
- South Africa tries to secure funding for struggling SAA
- Libya summit in Berlin agrees to strengthen arms embargo – Merkel
- Southern Libyan oil fields face closure as pipeline blockaded
- France’s Macron says presence of foreign fighters in Libya must end immediately
- South African union angered by Telkom’s proposed job cuts
- Turkey’s Erdogan urges Libya’s Haftar to end aggressive stance
- Putin: Don’t lose hope that Libya conflict will be solved
- Qatar condemns storming of Libya’s eastern Zueitina port
- Ivory Coast rules that presidential candidate Soro can face trial
- Africa Crude – Nigerian OSPs, programmes emerge
- South African stocks hit near 7-mth highs, led by Richemont, miners
- Burundi’s mass graves reopen old wounds
- Nigeria’s debt rose to 26.2 trln naira as of Sept – debt office
- Nigeria to issue 150 bln naira worth of sukuk this year
- Nigeria’s lender Access acquires Kenya’s Transnational Bank
- Nigeria’s Access Bank eyes African expansion after Kenyan acquisition – spokesman
- ENI’s Agogo oilfield in Angola begins output at 10,000 bpd
- South Africa’s rand edges up after surprise rate cut
- Kenya shilling firms on horticulture inflows, remittances
- Nigeria inflation climbs for fourth month as prices rise across board
- Foreign investors bought less Nigeria bonds last year – debt office
- Foreign powers back Libya ceasefire as commander’s forces choke oil flows
- Rwanda GDP to grow 8% in 2020 – IMF
- South African retailers TFG and Mr Price lure holiday shoppers with discounts
- Guinea-Bissau Supreme Court calls for clarification of presidential vote result
- Eastern Libyan forces commander Haftar arrives in Berlin for summit
- Car bomb hits Turkish contractors, police near Somalia capital, six wounded – police
- Nigeria producing 1.774 mln barrels of crude per day – minister
- Mali’s new mining code sets “stability period” at 20 years
- Locust plague devastates crops in Horn of Africa
- Mozambique’s do Rosario stays on as prime minister in trimmed cabinet
- Iceland’s Samherji exiting Namibia following bribery scandal
- UK seeks to confiscate convicted Nigerian politician’s loot
- Portugese court rules against dos Santos over tweets she calls slander
- Amid Kenya power struggle, IMF says investment programme in crisis
- Tanzania’s shilling to weaken, Uganda’s currency to be steady
- IEA says oil stocks, non-OPEC output to buffer market from shocks
- Can ‘Made in Africa’ cigars compete with Cuba?
- Nigeria to talk to concessionary lenders about $2.8 bln borrowing: debt office
- Angola’s dos Santos moots presidency run despite charges
- Libya’s Haftar committed to ceasefire, Germany says
- Lesotho PM Thabane says he intends to resign – SABC
- Sudan appoints new intelligence chief in wake of failed revolt
- Kenya in talks with World Bank for loan of as much as $1 bln
N.B. Full stories of above headlines are available on Reuters