Bullish indicating open at $55-$60, IPO prices at $37
The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Monday.
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EVENTS:
*Uganda central bank holds key lending rate decision meeting
*Seychelles' statistics releases latest inflation data
GLOBAL MARKETS
Asian shares edged higher on Monday after data showed the
U.S. unemployment rate dropped to the lowest in almost 50
years, easing concerns of a slowdown in the world's largest
economy. MKTS/GLOB
WORLD OIL PRICES
Oil prices fell on Monday, extending last week's heavy
losses, with traders fearing the global economic slowdown
will weigh on future oil demand growth while pegging hopes
for a rebound on progress in talks this week on ending the
U.S.-China trade war. O/R
EMERGING MARKETS
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STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand rose on Friday, lifted by improved
appetite for riskier currencies amid steady U.S. jobs
growth. MARKETS
The Kenyan shilling KES= strengthened against the dollar
on Friday supported by inflows from diaspora remittances and
waning dollar demand from the energy sector, traders said.
MARKETS
The Ugandan shilling UGX= was stable on Friday after the
central bank mopped up excess local currency liquidity from
the market, making it slightly more expensive to buy
dollars. EXXON MOBIL
U.S. energy giant Exxon Mobil will finalise its investment
in Mozambique's lucrative liquefied natural gas fields in a
signing ceremony on Tuesday, the African country's
government said via state television. SECURITY
Rwandan security forces have killed 18 people who were part
of a group that carried out a deadly attack in a tourist hub
in the north of the country on Friday, a police spokesman
said. SECURITY
A U.N. peacekeeper was killed and four others wounded on
Sunday when their vehicle hit an explosive device in
northern Mali, the U.N. mission (MINUSMA) said. the latest precious metals report click on GOL/
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For the latest crude oil report click on O/L