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African Markets - Factors to watch on Feb.8

Published 08/02/2021, 06:22
Updated 08/02/2021, 06:24
© Reuters.
USD/KES
-

NAIROBI, Feb 8 (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 hovered near record highs on Monday while oil edged
closer to $60 a barrel on hopes a $1.9 trillion COVID-19 aid package
will be passed by U.S. lawmakers as soon as this month just as
coronavirus vaccines are being rolled out
globally. MKTS/GLOB

WORLD OIL PRICES
Oil prices rose on Monday, with Brent futures nearing $60 a barrel,
boosted by supply cuts among key producers and hopes for further
U.S. economic stimulus measures to boost 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 to end the week in the black,
boosted by signs of a smaller fiscal deficit and faster procurement
of COVID-19 vaccines ahead of the budget speech later in the
month. L1N2KB1LE

KENYA MARKETS
Kenya's shilling KES= strengthened on Friday, helped by dollar
inflows from tea, coffee and horticulture exports, traders
said. L8N2KB1K7

NIGERIA OIL
Nigeria aims to award marginal oilfield licenses by the end of March
and will allow companies to pay signature bonuses in naira, the
director of the petroleum regulator said on Saturday. REPUBLIC OF CONGO HEALTH
A woman has contracted Ebola and died in a new case of the virus
detected in eastern Democratic Republic of Congo near the city of
Butembo, the health ministry said on Sunday. DAM
Any unilateral step by Ethiopia to fill its hydropower project,
called the Renaissance Dam, in July would directly threaten Sudan's
national security, Sudanese Irrigation and Water Resources Minister
Yasser Abbas said on Saturday. SECURITY
Twelve security agents were killed on Sunday by a roadside bomb
planted outside a Somali town where political leaders had been
meeting to try to resolve a row over a presidential selection
process due to be held on Monday. 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

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