NAIROBI, May 27 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Wednesday.
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GLOBAL MARKETS
Asian shares slipped on Wednesday as investor concerns about
rising tensions between the United States and China tempered
optimism about a re-opening of the world economy.
MKTS/GLOB
WORLD OIL PRICES
Oil prices fell on Wednesday on revived concerns over how
quickly fuel demand will recover even as coronavirus lockdowns
begin to ease in many countries, while U.S.-China tensions
added to negative sentiment. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand hit an eight week high against the dollar
on Tuesday, as optimism on the resumption of economic activity
in a number of countries boosted riskier assets, offsetting
Sino-U.S. trade tensions as the stock market also rose.
KENYA MARKETS
The Kenyan shilling KES= held steady on Tuesday amidst some
dollar demand from merchandise importers and the energy sector
as the anti-coronavirus lockdown eases and some businesses
re-open.
NIGERIA CRUDE
Nigeria's Bonga crude oil export terminal has begun routine
maintenance, its operator Shell RDSa.L told Reuters on
Tuesday, adding it aimed to have the work done in "record
time". UGANDA SHILLING
The Ugandan shilling UGX= was little-changed on Tuesday but
was expected to strengthen, helped by some dollar inflows from
charities and coffee exporters. the latest precious metals report click on GOL/
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