NAIROBI, June 20 (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
A gauge of global stock markets rose on Thursday while the dollar
dropped and global bond yields plunged, with the 10-year U.S.
yield falling below two percent, after the Federal Reserve
signalled possible interest rate cuts later this
year. MKTS/GLOB
WORLD OIL PRICES
Oil prices rose over 1 percent on Thursday as official data
showed U.S. crude stocks fell more than expected and as OPEC and
other producers finally agreed a date for a meeting to discuss
output cuts. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand dipped in late trade on Wednesday as
investors took profits from a strong rally in the previous
session ahead of a closely-watched policy decision by the U.S.
Federal Reserve. DEBT
Nigeria may issue Eurobonds if necessary to help finance its 2019
budget, the debt office said on Wednesday, a day after its head
said no such move was planned. MARKETS
The Kenyan shilling KES= strengthened against the dollar on
Wednesday on the back of inflows from horticulture exports and
non governmental organizations, traders said. POLITICS
Malawian President Peter Mutharika has appointed minister of
agriculture Joseph Mwanamvekha, an economist and former banker,
as finance minister in his new cabinet, the chief secretary to
the government said on Wednesday. INVESTMENT
Namibia is to host a two-day economic summit which is expected to
attract at least $1 billion worth of investments over the next
two years, the Ministry of Information and Communications
Technology said on Wednesday. the latest precious metals report click on GOL/
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