Tonix Pharmaceuticals stock halted ahead of FDA approval news
NAIROBI, July 30 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Thursday.
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GLOBAL MARKETS
Asian stocks were boosted by the promise of ultra-easy
monetary policy globally as the U.S. Federal Reserve left
interest rates near zero to support the country's
virus-battered economy, sending the dollar to a two-year
trough. MKTS/GLOB
WORLD OIL PRICES
Oil prices were little changed on Thursday, restrained by
concerns that surging coronavirus infections could
jeopardize a recovery in fuel demand just as major oil
producers are set to raise output. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand marked time on Wednesday as investors
waited to hear the outcome of the U.S. Federal Reserve's
latest policy meeting. MARKETS
The Kenyan shilling KES= was unchanged on Wednesday due to
slowing dollar demand from the energy sector which had
weakened the local currency to a record low last week,
traders said. CENTRAL BANK RATE
Kenya's central bank held its benchmark lending rate
KECBIR=ECI at 7.0% for the third time in a row on
Wednesday, saying its current easing stance was having the
desired effect. COAST POLITICS
Ivory Coast's electoral commission promised a fair election
on Wednesday as the ruling RHDP party asked President
Alassane Ouattara to stand again, defying opponents who say
he does not have the constitutional right to a third
term. ECONOMY
The Namibian government has approached the International
Monetary Fund (IMF) for a 4.5 billion Namibian dollars ($274
million) emergency loan to help fight the COVID-19 pandemic,
a Ministry of Finance spokesman said on
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