NAIROBI, Nov 15 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Friday.
- - - - -
EVENTS:
*RWANDA - The central bank announces its latest repo rate
decision.
GLOBAL MARKETS
Asian stocks jumped on Friday, propelled by a record S&P 500
finish and White House comments suggesting Washington and
Beijing were close to striking a trade deal, reviving hopes
the tariff war may near an end. MKTS/GLOB
WORLD OIL PRICES
Oil prices posted early gains as OPEC's outlook for oil
demand next year fuelled hopes that the producer group and
its associates will keep a lid on supply when they meet to
discuss policy on output next month. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand firmed on Thursday, bucking a risk-off
trend in global markets, but equities were pulled lower on
weak Chinese data and doubts about whether Beijing and
Washington will reach a trade deal anytime soon. MARKETS
Nigerian stocks rose 1.84% to a five-week high on Thursday,
powered by banking shares, as local investors shut out of a
treasury auction poured money into shares
instead. MARKETS
The Kenyan shilling KES= firmed on Thursday to near a four
and a half-month high, helped by remittance inflows, traders
said. ECONOMY
Zimbabwe's economy is forecast to grow by 3% next year from
a projected contraction of 6.5% this year, helped by
improvements in agricultural output and electricity
supplies, Finance Minister Mthuli Ncube said on
Thursday. PETROLEUM
Australia's FAR Ltd FAR.AX said on Thursday it appointed
Macquarie Bank as the arranger for a $350 million debt
facility to develop the SNE oil field off Senegal, weeks
after it laid out a new plan to help secure funding for the
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