The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Thursday.
- - - - -
GLOBAL MARKETS
Asian shares pulled ahead on Thursday as corporate earnings
and a ceasefire in northern Syria helped prop up sentiment,
though the backdrop of trade and brexit uncertainties was
enough to prevent a decisive shift towards riskier
assets. MKTS/GLOB
WORLD OIL PRICES
Oil prices dipped on Thursday on lingering concerns about a
weak demand outlook, after surging more than 2% in the
previous session on the back of a surprise draw in U.S.
crude stocks. O/R
EMERGING MARKETS
For the top emerging markets news, double click on
STOCKS
For the latest news on African stocks, click on .J
SOUTH AFRICA MARKETS
South Africa's rand dipped on Wednesday as consumer price
data fell more than expected in September to 4.1% in annual
terms, raising the prospect of further monetary policy
easing. RUSSIA
Russia's largest lender Sberbank SBER.MM has teamed up
with London-based investment firm Gemcorp Capital and two
state entities to create a mechanism to support trade
finance between Russia and African countries, Sberbank
said. MARKETS
The Kenyan shilling KES= strengthened on Wednesday
supported by inflows from offshore investors buying
government bonds, traders said. MARKETS
The Ugandan shilling UGX= weakened on Wednesday on the
back of an upsurge in demand from players in the interbank
market looking to beef up their positions. COFFEE
Uganda forecasts its coffee exports in the 2019-2020 crop
year will be about 16% higher from the previous period,
boosted by favourable weather and expanding acreage as new
trees mature, an official said on Wednesday. TOTAL
Six French and Ugandan campaign groups have asked a French
court to order energy major Total TOTF.PA to disclose how
it is addressing the human and environmental impact of a
Ugandan oil field, green group Friends of the Earth said on
Wednesday. REFUGEES/RWANDA
At the United Nations emergency transit centre next to a
serene lake south of Rwanda's capital on Wednesday, the
quiet mood was broken by the sobs of a group of female
migrants from Ethiopia. POLITICS
Police fired gunshots and teargas as thousands protested in
Ethiopia on Wednesday over the treatment of a prominent
activist, residents said, in a sign that the country's Nobel
Prize-winning prime minister might be losing support among
his powerbase. COAST-GHANA COCOA
Top cocoa producers Ivory Coast and Ghana said on Wednesday
that chocolate makers would continue for now to be allowed
to run sustainability schemes in their countries, linking
them to the success of a programme to ease pervasive farmer
poverty. COCOA
Cocoa farmgate prices have risen sharply in Cameroon this
season as bean quality has improved, the ministry of trade
and exporters told Reuters on Wednesday. ELECTION
Botswana voted on Wednesday in a general election that is
expected to provide the first genuine challenge to the
ruling Botswana Democratic Party (BDP) in its five decades
of dominance over southern Africa's wealthiest and most
stable nation. 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