NAIROBI, Aug 19 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Monday.
- - - - -
EVENTS:
* Tanzanian investigative journalist to appear in court on
financial charges
* Zimbabwe opposition plans to hold anti-government protests in
second city
GLOBAL MARKETS
Asian stocks tracked the Wall Street rally on Monday and
found an extra tailwind from a move by China's central bank
to change the way a key interest rate benchmark is set, seen
by analysts as reducing borrowing costs for companies.
MKTS/GLOB
WORLD OIL PRICES
Crude oil prices rose on Monday following a weekend attack
on a Saudi oil facility by Yemeni separatists and as traders
looked for any signs that Sino-U.S. trade tensions could
ease. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand firmed on Friday, adding to the previous
session's gains as hopes of further stimulus in China helped
developing world currencies hold their ground against the
dollar. MARKETS
The Kenyan shilling KES= was firm against the dollar on
Friday with inflows from portfolio investors buying
government debt helping subdue dollar demand from oil and
merchandise importers, traders said. OIL
Nigerian state oil company NNPC said on Sunday that 15
companies had won the right to swap the nation's crude oil
for fuels following a tender for the deals. ECONOMY
The U.S.-China trade war and uncertainty over Brexit pose
risks to Africa's economic prospects that are "increasing by
the day," the head of the African Development Bank (AfDB)
told Reuters. the latest precious metals report click on GOL/
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