Trump meets Zelenskiy, says Putin wants war to end, mulls trilateral talks
The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Wednesday.
- - - - -
EVENTS:
UGANDA - The government hosts a meeting on public debt
management as rising borrowing in the region threatens to
weigh on economic growth.
GLOBAL MARKETS
Asian shares fell on Wednesday as a U.S. warning to
Americans to prepare for the possibility of a coronavirus
pandemic drove another Wall Street tumble and pushed yields
on safe-haven Treasuries to record lows.
MKTS/GLOB
WORLD OIL PRICES
Crude prices edged up on Wednesday as investors covered
short positions after three sessions of losses, even as
fears deepened that the rapid spread of the coronavirus will
lead to a global pandemic.
EMERGING MARKETS
For the top emerging markets news, double click on
STOCKS
For the latest news on African stocks, click on .J
AFRICA JOHN DEERE
It's ride-hailing, farm style. Deere & Co. DE.N is teaming
up with the "Uber of tractors" in Africa and betting on a
future where farmers summon machines with the touch of a
button.
AFRICA MARKETS
The South African rand weakened on Tuesday, reflecting
nervousness before a budget speech this week and global
worries about the spread of coronavirus.
MARKETS
The Kenyan shilling KES= was stable on Tuesday and traders
said it was likely to stay in a tight range due to limited
demand for dollars by importers.
LIBERIA
International Monetary Fund Managing Director Kristalina
Georgieva on Tuesday nominated former IMF official
Antoinette Sayeh, a Liberian national, to become a deputy
managing director at the Fund.
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