BofA warns Fed risks policy mistake with early rate cuts
NAIROBI, Feb 11 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency rket moves and political events may affect African markets on
Tuesday.
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GLOBAL MARKETS
Asian share markets looked set for another cautious session
on Tuesday as investors tried to judge how quickly China's
factories could return to work as the coronavirus continues
to spread and deaths mount. MKTS/GLOB
WORLD OIL PRICES
Oil prices rose more than 1% on Tuesday as recent sharp
falls have encouraged investors holding short positions to
book profits, but the market remains jittery over the Wuhan
virus, which has now killed more than 1,000 in
China. O/R
EMERGING MARKETS
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STOCKS
For the latest news on African stocks, click on .J
SOUTH AFRICA MARKETS
The South African rand ended local trading slightly firmer
on Monday, with dealers holding fire ahead of major economic
data and President Cyril Ramaphosa's state of the nation
address in the coming week. PETROLEUM
Nigeria's oil ministry will send a new Petroleum Industry
Bill to parliament next week, aiming to pass it into law by
mid-2020, Minister of Petroleum Timipre Sylva said on
Monday, hoping to end years of delay that have hampered
investment. MARKETS
The Kenyan shilling KES= weakened on Monday due to
increased dollar demand from merchandise importers and some
multinational companies, traders said. COAST COCOA
Cocoa arrivals at ports in top grower Ivory Coast reached
1.435 million tonnes between Oct. 1 and Feb. 9, exporters
estimated on Monday, down 0.1% from 1.436 million tonnes
over the same period last season. 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