Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

African Markets - Factors to watch on Feb.17

Published 17/02/2020, 05:11
© Reuters.  African Markets - Factors to watch on Feb.17

NAIROBI, Feb 17 (Reuters) - The following company

announcements, scheduled economic indicators, debt and currency

market moves and political events may affect African markets on

Monday.

- - - - -

GLOBAL MARKETS

Asian shares reversed earlier losses on Monday and moved back

toward a three-week top as Chinese efforts to cushion the blow

from a coronavirus outbreak cheered investors, although

Japanese stocks faltered amid growing recession

risks. MKTS/GLOB

WORLD OIL PRICES

Oil prices edged lower on Monday as investors brace for

economic data in Asia due this week that should give a reading

on how China's coronavirus epidemic has affected oil

demand. O/R

EMERGING MARKETS

For the top emerging markets news, double click on STOCKS

For the latest news on African stocks, click on .J

SOUTH AFRICA MARKETS

South Africa's rand firmed on Friday after President Cyril

Ramaphosa set out brief plans to stimulate economic growth

during his state of the nation address, although his speech

was short on specifics and timeframes. MARKETS

The Kenyan shilling KES= held steady on Friday with inflows

from offshore investors buying government bonds meeting dollar

demand from importers, traders said. POLITICS

Burundi's opposition CNL on Sunday picked the current chairman

of the National Assembly as its candidate in the presidential

election in May which the United Nations says is likely to be

marred by violence. SUDAN POLITICS

South Sudan's President Salva Kiir said on Saturday he was

cutting the number of states from 32 to 10, unlocking a

stalled peace deal and paving the way for the formation of a

long- awaited unity government. OIL

A Nigerian oil reform two decades in the making is urgently

needed to get money into its energy sector, industry

executives say, as tax increases and regulatory uncertainty

scupper investments. HEALTH

Kenya won praise from international lenders in 2015 for

launching Africa's biggest public-private healthcare

programme, an unprecedented seven-year scheme to spend

hundreds of millions of dollars leasing medical equipment from

foreign firms. But five years on, high tech machines are lying

idle in more than a third of the hospitals that received them,

according to data from the Ministry of Health and the doctors'

union. POLITICS

Ethiopia's election board on Friday set a date of Aug. 29 for

parliamentary elections that will be a first test of voter

support for Prime Minister Abiy Ahmed, who has eased political

restrictions since he took office in 2018. the latest precious metals report click on GOL/

For the latest base metals report click on MET/L

For the latest crude oil report click on O/L

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.