The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Tuesday.
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GLOBAL MARKETS
Asian shares extended their gains on Tuesday as hopes for
stimulus in major economies tempered anxiety about a global
recession, boosting riskier assets and drawing money from
safe-havens such as bonds and gold. MKTS/GLOB
WORLD OIL PRICES
Crude oil prices slipped on Tuesday, but losses were limited
as equity markets rallied and as traders hoped Sino-U.S.
trade tensions would ease. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand weakened on Monday as traders and
investors continued to weigh heightened global growth risks
against local uncertainty, while equities rose in line with
global stock markets. CENTRAL BANK
Nigeria's central bank will strive to protect the country's
currency reserves after a British court ruling granted a
small natural gas firm the right to try to seize $9 billion
in assets from Nigeria's government, the bank's head said on
Monday. MARKETS
The Kenyan shilling KES= was stable against the dollar on
Monday with inflows from diaspora remittances helping meet
dollar demand from oil and merchandise importers, traders
said. REPUBLIC OF CONGO HEALTH
Authorities in the Democratic Republic of Congo have
confirmed a new case of Ebola in the remote,
militia-controlled territory of Walikale, hundreds of
kilometres away from where previous cases near the border
with Uganda and Rwanda occurred, the Health Ministry said
overnight. ETHIOPIA
Kismayo airport in southern Somalia refused to allow an
Ethiopian plane to land on Monday, a witness said, amid
heightened tensions between the federal government and the
regional leadership ahead of elections on
Thursday. POLITICS
Hundreds of police backed by soldiers and army helicopters
deployed in the Zimbabwean city of Bulawayo on Monday to
prevent an opposition protest from taking place, a show of
force that stopped a demonstration for the second time in
four days. COAST COCOA
Rains last week in most of Ivory Coast's cocoa growing
regions were below average but dew and good soil moisture
content augured well for the next October-to-March main
crop, farmers told Reuters on Monday. For the latest precious metals report click on GOL/
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For the latest crude oil report click on O/L