By Rafiq Raji, PhD
Twitter: @DrRafiqRaji, @macroafrica
Global Markets
- Asian shares cling to tight ranges as attention shifts to US election, stimulus
- MSCI ex-Japan down 0.1%, China blue-chips down 0.3%
- Brent down 1 cent at $41.1
- Spot gold slightly lower at $1,951.3
Oil Markets
- Oil prices steady as third storm in month takes aims at US
- Brent up 0.2% at $43.24 a barrel (0230GMT)
- WTI up 0.2% at $42.21
Precious metals
- Gold prices firm as tepid dollar lends support
- Spot gold up 0.2% at $1,953.37/oz. (0334GMT)
- US gold futures down 0.1% at $1,960.50/oz.
Grains
- Soybeans ease from 28-mth high, Chinese demand curbs losses
- Soybean futures down 0.1% at $10.42 a bushel (0258GMT)
- Corn down 0.4% at $3.77 a bushel
- Wheat unmoved at $5.75 a bushel
Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
- Ghana’s Akufo-Addo visits Nigeria; 20-22 Sep
- Uganda eases Covid-19 restrictions, allows in tourists
- Nigeria’s central bank decides interest rates; 21-22 Sep [fcst. 12.5%, prev. 12.5%]
- South Africa state capture inquiry continues
- Covid-19 updates by authorities across the continent
Key African events or data releases over the weekend & early a.m today
- World leaders to mark United Nations at 75 as pandemic challenges organization
- Sudan to discuss removal from US terrorism list in UAE
- Covid-19 graft scandals fuel South Africans’ anger with ruling ANC
- Banks agree $545 mln for Congo Republic economy
- Libya’s NOC lifts force majeure on oil, except where fighters remain
- Morocco orders Covid-19 vaccine as cases approach 100,000
- Former execs of South Africa’s Comair to buy out firm in restructuring
- South Africa commits $650 mln to airline SAA, adminstrator says
- Turkey upset by Sarraj’s plan to step down in Libya – Erdogan
- With tourists slow to return, Egypt’s resorts and ancient sites face tough winter
- Three women in final five for WTO leadership race
- Libya’s Haftar says he will lift oil blockade
- Dutch court freezes stake in Angola’s former first family oil feud
- Somalia president names newcomer Roble premier as elections loom
- Japan sending team to probe Mauritius ship grounding
- Ivory Coast opposition calls for protests to stop Ouattara’s third term bid
- Ethiopia files terrorism charges against leading opposition activist
- ‘Hotel Rwanda’ hero says he was duped into coming to Rwanda, NYT reports
- Convoy ambush in eastern Congo kills one aid worker
- Ivory Coast ex-PM, barred from standing for president, says Ouattara must be blocked
- Burundi impunity for abuses continues, says UN report, as another mass grave opened
- Militant group claims killing of France aid workers in Niger
- More than 30 killed in militia attacks in western Ethiopia
- Suspected arms dealers moved millions in Somalia money transfers, report says
- ‘Hotel Rwanda’ hero denied bail during terror trial
N.B. Full stories of above headlines are available on Reuters