Trump/Putin summit, UnitedHealth and Japan’s GDP - what’s moving markets
NAIROBI, Oct 1 (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
Global shares tried to extend gains on Thursday on renewed hopes
for fresh U.S. stimulus measures, but mounting uncertainty ahead
of America's presidential election and technical problems in Japan
kept gains in check. MKTS/GLOB
WORLD OIL PRICES
Oil prices were little changed in early trade on Thursday after
U.S. lawmakers postponed a vote on a $2.2 trillion coronavirus
relief package in hopes of reaching a bipartisan deal, while
rising infections fuelled demand fears. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand firmed more than one percent to its strongest
level in over a week on Wednesday as the U.S. dollar was knocked
back by an acrid presidential debate. ECONOMY
Nigeria's cabinet proposed on Wednesday a 3% economic growth
target and an 11.95% inflation target for its 2021 budget, a
presidency aide said. MARKETS
Kenya's shilling KES= was stable against the dollar on
Wednesday, a day after the central bank held its benchmark lending
rate. ECONOMY
Kenya's economy is likely to grow by 3.1% this year, the central
bank governor said on Wednesday, reflecting growing optimism in
the East African nation as it navigates its way through the
coronavirus crisis. DEBT
A group representing many holders of Zambian Eurobonds has
rejected a government request to delay interest payments until
April, but said it was ready to look at a potential bond
swap. the latest precious metals report click on GOL/
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