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NAIROBI, May 8 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Friday.
- - - - -
EVENTS:
*Seychelles and Tanzania due to release consumer inflation data
for April.
GLOBAL MARKETS
Asian shares rose on Friday as investors focused on talks
between U.S. and Chinese trade officials and solid corporate
earnings rather than the looming release of data expected to
show the worst U.S. unemployment rate in more than 70
years. MKTS/GLOB
WORLD OIL PRICES
Oil prices rose on Friday as more countries began easing
lockdowns set in place to stop the coronavirus spreading, giving
hope that demand for fuels will pick up after the economic
devastation caused by the pandemic. O/R
EMERGING MARKETS
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For the latest news on African stocks, click on .J
SOUTH AFRICA MARKETS
South Africa's rand jumped on Thursday as weak business
confidence data was outweighed by big surprise move up in
China's April exports that also helped its commodity currency
peers. MARKETS
The Kenyan shilling KES= was stable on Thursday, supported by
inflows from diaspora remittances amid weak dollar demand from
oil and merchandise importers, traders said. MARKETS
Nigeria's five-year naira futures slid past 550 to the dollar on
Thursday after the central bank weakened the naira on the
derivatives market, signaling more pain to come for the
currency, traders said. CORONAVIRUS AFRICA HEALTHCARE
African nations are facing a surge of COVID-19 cases with less
than one intensive care bed and one ventilator per 100,000
people, a Reuters survey has found. AFRICA DEATHS
The novel coronavirus could kill between 83,000 and 190,000
people in Africa in the first year and infect between 29 million
and 44 million in the first year if it is not contained, the
World Health Organization (WHO) said on Thursday. 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