African Markets - Factors to watch on Dec 17
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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EVENTS -Ethiopian lawmakers to consider new laws that might allow foreign banks to operate in the country GLOBAL MARKETS Asian stocks wobbled while the dollar held firm on Tuesday as traders braced for a slate of central bank meetings this week that is likely to see the U.S. Federal Reserve deliver a rate cut and the Bank of Japan stand pat for now. nL1N3NI048 MKTS/GLOB WORLD OIL PRICES Oil prices eased further on Tuesday as China's economic data renewed demand concerns, while investors remained cautious ahead of the U.S. Federal Reserve's interest rate decision. nL1N3NI02C 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 KENYA MARKETS The Kenyan shilling KES= held steady in Monday's trading session compared to its last close, as trading activities slowed ahead of the Christmas holidays, according to traders. nL8N3NH0BP NIGERIA INFLATION Nigeria's inflation rate rose for the third straight month in November, advancing to 34.60% in annual terms NGCPIY=ECI from 33.88% in October, data from the statistics agency showed on Monday. nL8N3NH0OI NIGERIA OIL Shell SHEL.L said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. nL4N3NH0HA MALI GOLD Barrick Gold ABX.TO will suspend operations in Mali if gold shipments continue to be blocked, the company said on Monday as it struggles to reach agreement with authorities on a new mining code in the West African country. nL4N3NH0UK For the latest precious metals report click on GOL/ For the latest crude oil report click on O/L |
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