By Rafiq Raji, PhD
Twitter: @DrRafiqRaji, @macroafrica
Global Markets
- Asian markets dip as investors brace for US presidential debate
- MSCI Asia ex-Japan shares down 0.1%, Nikkei down 0.2%
- Spot gold down 0.1% at $1,896.03/oz.
- Brent down 0.6% at $41.03
Oil Markets
- Oil drops 2nd day as surging coronavirus cases prompt demand worries
- Brent down 0.6% at $41.03 a barrel (0048GMT)
- WTI down 0.7% at $39.29
Precious metals
- Gold inches lower on caution over Trump-Biden debate
- Spot gold down 0.1% at $1,896.03/oz. (0034GMT)
- US gold futures down 0.1% at $1,889.70/oz.
Grains (29 Sep)
- Corn, soy eases as US harvest advances; USDA data awaited
- Corn futures settled down 2 cents at $3.64-3/4 a bushel
- Soybeans ended down 3-1/4 cents at $9.93 a bushel
- Wheat finished down ¾ cent at $5.49-1/2 a bushel
Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
- Kenya’s Kenyatta meets France’s Macron in Paris; to sign PPP infrastructure deals
- Central Bank of Kenya’s Njoroge briefs press on MPC decision
- South Africa consumer inflation Aug-20 (30 Sep) [fcst. 3.7% yy, prev. 3.2%]
- 2nd Ghana presidential debate; Akufo-Addo yet to agree to debate Mahama
- Ghana’s ruling NPP flagbearer Akufo-Addo campaigns in Ashanti region
- Ghana’s NDC flagbearer Mahama campaigns in Bono region
- South Africa PSCE Aug-20 (30 Sep) [fcst. 3.5% yy, prev. 5.1%]
- South Africa M3 Aug-20 (30 Sep) [fcst. 10.1% yy, prev. 10.5%]
- Nigeria FX reserves Sep-20 [prev. $35.7B]
- South Africa trade balance Aug-20 [prev. ZAR37.42B]
- 75th session of UN General Assembly (15-30 Sep); speeches & engagements by African leaders
- Potential constitutional crisis in Kenya in focus; 12th Oct deadline by lawyers’ body LSK for dissolution of parliament
- Covid-19 updates by authorities across the continent
Key African events or data releases yesterday & early a.m today
- Algeria’s wheat suppliers to feel impact of Black Sea shift next season
- Women entrepreneurs in Kenya industry struggle to access credit – study
- Libya’s Sarir oilfield restarts production, AGOCO says
- Zambia aims to clinch debt restructuring deal by April – finmin
- South Africa’s SAA administrators suspend all operations until funding found
- Zimbabwe suspects bacterial disease behind elephant deaths
- Nigeria’s FX reserves swell by $200 mln after court ruling, central bank says
- Ghana cocoa regulator signs $1.3 bln finance deal for 2020/21 season
- Senegal on verge of unprecedented growth from oil, gas, president says
- Senegal president sees growth at 13.7% by 2023 thanks to oil, gas
- South Africa’s Covid-hit carmakers ask govt to cut taxes on new cars
- Puzzled scientists seek reasons behind Africa’s low fatality rates from pandemic
- Zimbabwe plans to send dead elephants’ brain tissue to US for toxin tests
- Pandemic spurs Africa’s mobile telcos to ramp up banking bid
- Angola energy giant made no money from oil in 2019 as debt bites
- AngloGold prices $700 mln notes offering
N.B. Full stories of above headlines are available on Reuters