African Markets - Factors to watch on Oct 21
NAIROBI, Oct 21 (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 Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but bitcoin BTC= scaled a three-month peak as "Trump trades" continued to ramp up. nL4N3LW08N MKTS/GLOB WORLD OIL PRICES Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China, the world's top oil importer, and an easing of concerns about potential supply disruptions in the Middle East. nL4N3LW06M 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 firmed against a weaker dollar on Friday, ahead of a domestic inflation reading next week which could provide clues on the central bank's rate-cutting path. nL1N3LU0HE KENYA MARKETS The Kenyan shilling KES= was unchanged against the dollar on Friday and will likely remain at the same levels in the next week, one foreign exchange trader said. nL8N3LU0A3 KENYA POLITICS Kenyan President William Ruto chose Interior Minister Kithure Kindiki as his new deputy on Friday, but a court blocked his appointment until it hears a case next week challenging the impeachment of Kindiki's predecessor. nL8N3LU0BF TANZANIA ELECTRICITY Tanzania is building a grid interconnector with Zambia to help assist in mitigating a drought-driven power crisis, Tanzania's deputy prime minister said at the Singapore International Energy Week conference on Monday. nL1N3LX02C ETHIOPIA-IMF The executive board of the International Monetary Fund approved the first review of Ethiopia's $3.4 billion lending programme, the fund said on Friday, paving the way for a $340.7 million disbursement. nL1N3LU13J For the latest precious metals report click on GOL/ For the latest crude oil report click on O/L |
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