NAIROBI, Dec 19 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Thursday.
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GLOBAL MARKETS
Asian shares pulled back from a one-and-a-half year peak on
Thursday as investors booked profits ahead of holiday trade
and awaited further data on the state of the global
economy. MKTS/GLOB
WORLD OIL PRICES
Oil prices remained in touching distance of three-month
peaks on Thursday, extending a robust streak that began a
week ago, after data showed U.S. crude inventories had
dropped while output cuts by major producers kept supply
snug. O/R
EMERGING MARKETS
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STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand rallied to a new four-and-half-month
peak on Wednesday as lingering optimism over a U.S.-China
trade deal, technical factors and a ratings reprieve from
Fitch combined to boost the ailing economy's currency.
MARKETS
The Kenyan shilling KES= strengthened on Wednesday supported
by inflows from diaspora remittances amid thin importer
dollar demand and tight liquidity in the local money market,
traders said. POLITICS
Rahmat Hussein once inspired fear and respect for the
watchful eye she cast over her Ethiopian neighbourhood,
keeping files on residents and recommending who should get a
loan or be arrested. Now she is mocked and ignored.
SOMALIA
The International Monetary Fund's executive board has
approved a financing plan that will help the IMF cover its
share of debt relief for Somalia, IMF Managing Director
Kristalina Georgieva said in a statement on Wednesday.
AFRICA RATINGS
South Africa's treasury welcomed Fitch's decision to leave
the country's credit rating at one notch below junk with a
negative outlook on Wednesday, saying it would push on with
plans to cut spending and contain debt linked to bailouts of
state companies. For 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