African Markets - Factors to watch on Dec 16
NAIROBI, Dec 16 (Reuters) -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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GLOBAL MARKETS Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector, in a week packed with central bank meetings and major economic data. nL1N3NH00C MKTS/GLOB WORLD OIL PRICES Oil futures eased from their highest levels in weeks as traders took profit while waiting for a meeting of the Federal Reserve later this week for indication of further rate cuts. nL1N3NH00Y O/R EMERGING MARKETS For the top emerging markets news, double click on nTOPEMRG AFRICA STOCKS For the latest news on South African stocks, click on .J SOUTH AFRICA MARKETS South Africa's rand slipped against the dollar on Friday after the central bank released its quarterly bulletin. nL1N3NE0EF NIGERIA CRUDE An oil spill has occurred at the Shell loading terminal in Nigeria's Delta region after a pipeline ruptured, Nigeria's maritime agency said on Sunday. nL1N3NG05Q GHANA-IMF Ghana's President-elect John Dramani Mahama has said he will not abandon the country's $3 billion rescue package with the International Monetary Fund, but wants to review the deal to tackle wasteful state spending and upgrade the energy sector. nL8N3NF03G RWANDA-IMF The International Monetary Fund has said it will release $181.7 million in funds to Rwanda after its executive board concluded reviews of the country's support programmes. nL8N3NF02H For the latest precious metals report click on GOL/ For the latest crude oil report click on O/L |
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