African Markets - Factors to watch on Sept 6
NAIROBI, Sept 6 (Reuters) -The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday.
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EVENTS: *Seychelles and Mauritius' statistics offices are due to release their respective consumer inflation data for August. GLOBAL MARKETS Asian shares clung to tight ranges and the dollar nursed losses on Friday, with investors on tenterhooks ahead of U.S. jobs data that could decide the size and speed of coming rate cuts in the world's largest economy.nL4N3KN1ZX MKTS/GLOB WORLD OIL PRICES Oil prices edged up in early trading on Friday as investors weighed a big withdrawal from U.S. crude inventories and a delay to production hikes by OPEC+ producers against mixed U.S. employment data.nL1N3KO00SO/R EMERGING MARKETS For the top emerging markets news, double click on nTOPEMRG AFRICA STOCKS For the latest news on African stocks, click on .J SOUTH AFRICA MARKETS The South Africa rand extended gains on Thursday as risk sentiment improved on bets for a deeper interest rate cut this month in the United States, analysts said.nL1N3KN0R3 AFRICA CURRENCIES The Kenyan and Ugandan shillings are expected to hold steady against the dollar in the next week to Thursday, while Ghana's cedi and Zambia's kwacha could fall, traders said.nL8N3KN0HH NIGERIA PETROLEUM Nigeria's state-oil firm will supply the Dangote Oil refinery a total of 13 crude cargoes in October to ease pressure on local gasoline supply, head of the firm's downstream operations said on Thursday.nL8N3K818J KENYA MARKETS The Kenyan shilling KES= eased slightly on Thursday due to increased importer demand for dollars that outstripped supply from remittances, tea exporters and telecommunications companies, traders said.nL8N3KN0ER For the latest precious metals report click on GOL/ For the latest crude oil report click on O/R |
(Compiled by Nairobi Newsroom)
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