NAIROBI, Oct 8 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.
GLOBAL MARKETS
A gauge of Asian shares climbed to a one-month high on Thursday, as renewed hopes for more U.S. stimulus helped restore investor confidence with markets now pricing in a Democratic victory during elections in November.
WORLD OIL PRICES
Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though fuel demand concerns persisted on fading chances for an economic stimulus deal in the United States, the world's biggest oil consumer.
SOUTH AFRICA MARKETS
South Africa's rand firmed on Wednesday against a broadly weaker U.S. dollar, even as data showed a recovery in domestic business confidence slowed in September and the country's biggest trade union group held a national protest.
KENYA MARKETS
The Kenyan shilling (KES=) held steady on Wednesday and traders said the gradual loosening of the anti-coronavirus lockdown measures could fuel demand for dollars by manufacturers, putting pressure on the currency.
NIGERIA EQUITIES
Nigerian stocks fell 1.25% in early Wednesday trade to halt a 12-day winning streak as investors booked profit from the relatively liquid banking sector.
DEMOCRATIC REPUBLIC OF CONGO BUDGET
The African Development Bank has approved $100 million of grants and a $42 million loan to the Democratic Republic of Congo to support its budget and help it to fight the COVID-19 pandemic, the country's finance minister said on Wednesday.