African Markets - Factors to watch on Nov 26
NAIROBI, Nov 26 (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 The dollar rallied sharply on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from Canada and Mexico, and additional tariffs on China.nL2N3MX01UMKTS/GLOB WORLD OIL PRICES Oil prices slipped in early trade on Tuesday, extending declines from the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil's risk premium.nL2N3MW0XNO/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 strengthened on Monday, as investors started the week on the front foot ahead of a slew of month-end economic data releases.nL2N3MW0FV NIGERIA ECONOMY Nigeria's economy grew 3.46% year-on-year in the third quarter NGGDPQ=ECI of 2024, quicker than in the first two quarters of the year, statistics agency data showed on Monday.nL5N3MW0G4 KENYA MARKETS The Kenyan shilling KES= was steady against the dollar on Monday, data from the London Stock Exchange Group showed.nL5N3MW05O IVORY COAST COCOA Cocoa arrivals at ports in top grower Ivory Coast had reached 643,000 metric tons by Nov. 24 since the start of the season on Oct. 1, up from 481,000 tons in the same period last season, exporters estimated on Monday.nL5N3MW09K For the latest precious metals report click on GOL/ For the latest crude oil report click on O/L |
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