African Markets — Factors to watch on Sept 24
NAIROBI, Sept 24 (Reuters) — The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. — - — - — GLOBAL MARKETS Debt markets were on edge on Thursday, as Japanese bonds followed Treasuries lower, while Asian equities were mixed as investors weighed simmering Middle East tensions and prospects for talks between the United States and China. MKTS/GLOB... WORLD OIL PRICES Oil prices edged lower on Thursday, after climbing 4% in the previous session, as Iran said it remained open to diplomacy to end the US-Iran war, though the two countries remain far apart on ways to do so. O/R... SOUTH AFRICA MARKETS The South African rand fell on Wednesday after the central bank raised its key interest rate, saying the move was needed to steer inflation back toward its 3% target, while data showed headline inflation edged higher in August.... EMERGING MARKETS For the top emerging markets news, double click on... AFRICA STOCKS For the latest news on South African stocks, click on.J ETHIOPIA WAR Hours after renewed fighting in Tigray shattered a four-year-old peace deal, Ethiopian President Taye Atske
NAIROBI, Sept 24 (Reuters) — The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. — - — - — GLOBAL MARKETS Debt markets were on edge on Thursday, as Japanese bonds followed Treasuries lower, while Asian equities were mixed as investors weighed simmering Middle East tensions and prospects for talks between the United States and China. MKTS/GLOB... WORLD OIL PRICES Oil prices edged lower on Thursday, after climbing 4% in the previous session, as Iran said it remained open to diplomacy to end the US-Iran war, though the two countries remain far apart on ways to do so.
O/R... SOUTH AFRICA MARKETS The South African rand fell on Wednesday after the central bank raised its key interest rate, saying the move was needed to steer inflation back toward its 3% target, while data showed headline inflation edged higher in August.... EMERGING MARKETS For the top emerging markets news, double click on... J ETHIOPIA WAR Hours after renewed fighting in Tigray shattered a four-year-old peace deal, Ethiopian President Taye Atske-Selassie Amde told the UN his country had exercised "immense restraint" and made progress with its neighbors despite foreign interference....
GHANA RESERVES Ghana's central bank will prioritise rebuilding foreign exchange reserves in the coming months as it navigates a weaker current account, declining reserves and a pause in gold exports by state buyer GoldBod since August, Governor Johnson Asiama said on Wednesday.... 4 billion) from domestic investors to fund cocoa purchases for the upcoming season, according to a government presentation to investors seen....
AFRICA TELECOMS Airtel Money, the mobile money arm of Airtel Africa, will file for what could be one of London's biggest initial public offerings in recent years, marking a potential turning point for the market after a prolonged slowdown in new listings.... com)