Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

African Markets - Factors to watch on Jan. 24

Published 2019-01-24, 12:02 a/m
Updated 2019-01-24, 12:10 a/m
© Reuters. African Markets - Factors to watch on Jan. 24

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 were subdued on Thursday as political uncertainty in the United States and worries about weakening global economic growth left investors wary of riskier assets. MKTS/GLOB

WORLD OIL PRICES Oil prices declined on Thursday amid lingering concerns over slowing global economic growth that may limit fuel demand and after a surprise build in U.S. crude inventories. 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 The South African rand rallied against a weaker dollar on Wednesday as top trading partner China pledged more fiscal spending to support its own slowing economy. MARKETS The Kenyan shilling KES= firmed against the dollar on Wednesday amid tightening liquidity in the local money market and inflows from diaspora remittances subduing merchant importer demand, traders said. EUROBONDS Kenya is discussing issuing a Eurobond to help fund the 2018-2019 budget deficit, the finance ministry said on Wednesday, with a banking source valuing it at $2.5 billion, to be issued in dollars or euros. POLITICS Soldiers beat people overnight on the streets of Zimbabwe's capital and its second city, Bulawayo, residents said, hours after President Emmerson Mnangagwa promised to investigate a security service crackdown on anti-government protesters. REPUBLIC OF CONGO ELECTION Democratic Republic of Congo's outgoing President Joseph Kabila said he would hand over power on Thursday "without regret" and called on Congolese to support his successor, Felix Tshisekedi. COFFEE An Ugandan company has started using blockchain, the technology behind virtual currency Bitcoin, to certify shipments of coffee to try to meet growing demand from consumers for more information about where products have come from. 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

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.