Nucor earnings beat by $0.08, revenue fell short of estimates
NAIROBI, Dec 17 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Tuesday.
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GLOBAL MARKETS
Asian shares rose to their highest in more than a year on
Tuesday, as trade deal optimism and Wall Street's run to
all-time highs supported sentiment, while familiar fears of
a hard Brexit knocked the pound. MKTS/GLOB
WORLD OIL PRICES
Oil prices trickled a fraction lower on Tuesday but remained
near a three-month high as investors kept the faith with
hopes that a fully fledged U.S.-China trade deal is in the
pipeline, set to stoke oil demand in the world's biggest
economies. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand was flat against the dollar on Friday,
struggling for direction after surprise gains in the face of
a darkening growth outlook following a week of nationwide
power cuts and ongoing uncertainty over U.S.-China trade
talks. SOUTHSUDAN
The United States has imposed sanctions on two senior South
Sudanese officials it accuses of fomenting conflict, the
U.S. Treasury Department said on Monday, in its latest move
to pressure the country's politicians to form a unity
government. AIRWAYS
Kenya Airways KQNA.NR named the head of its low-cost
subsidiary as its new acting chief executive officer on
Monday after its current boss announced his resignation in
May amid the loss-making carrier's renationalisation
process. CANNABIS
Zambia has legalised the production and export of cannabis
for economic and medicinal purposes, the government's chief
spokeswoman said on Monday, becoming the latest country to
shift its position on the drug to give its finances a boost.
EMIRATES
A South African delegation will meet officials in the United
Arab Emirates to discuss why the country has not ratified an
extradition treaty, South Africa said on Monday, as it tries
to investigate a case of alleged influence-peddling.
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