The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.
- - - - -
GLOBAL MARKETS Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade. MKTS/GLOB
WORLD OIL PRICES Oil prices rose to their highest for 2019 on Monday after data showed refinery processing in China, the world's second-largest oil consumer, climbed to a record in 2018, despite a slowing economy last year. 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 was weaker on Friday, a day after the central bank adopted a less hawkish tone at its monetary policy meeting. OIL Nigeria's state oil firm said on Friday it had paid $993.7 million up to September in arrears owed to its joint ventures with multinational oil companies by September, and still had to make up payments of $3.95 billion. MARKETS The Kenyan shilling KES= held steady against the dollar on Friday supported by diaspora remittances amid thin importer demand, traders said. SECURITY Investigators in Kenya are exploring the possibility that some of the militants who attacked a Nairobi hotel and office complex may not have been ethnic Somalis, stoking fears that militants are deepening their pools of recruitment in the region. REPUBLIC OF CONGO ELECTION Congo's political standoff deepened on Sunday after the top court backed the contested presidential election victory of Felix Tshisekedi, then his main rival rejected the ruling, called for protests and declared himself leader. PROTESTS Hundreds of Zimbabweans arrested during anti-government protests were detained on Friday on public order charges, as the United Nations urged an end to a brutal security crackdown and an internet blackout. 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