South African Markets — Factors to watch on October 13
JOHANNESBURG, Oct 13 (Reuters) — The following scheduled economic events, equity and currency market moves may affect South African markets on Tuesday. Economic Events South African August mining output South African government bond auction Global Markets Asian stocks fell sharply on Tuesday as investors fretted about the durability of the rally in AI shares and increased competition while a widening conflict in the Middle East soured risk sentiment ahead of the tone-setting US earnings season. MKTS/GLOB Wall Street The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week..N Gold Gold ticked up on Tuesday as oil prices slipped, while markets focused on the upcoming U.S. inflation data for fresh signals on the Federal Reserve's interest-rate trajectory. GOL/ Some of the main stories out in the South African press: Business Day - Joburg turns to private sector as water crisis deepens - South Africa’s meat importers urge end to European chicken duties News24 - DA pushes ANC’s buttons in candidate list
JOHANNESBURG, Oct 13 (Reuters) — The following scheduled economic events, equity and currency market moves may affect South African markets on Tuesday. Economic Events South African August mining output South African government bond auction Global Markets Asian stocks fell sharply on Tuesday as investors fretted about the durability of the rally in AI shares and increased competition while a widening conflict in the Middle East soured risk sentiment ahead of the tone-setting US earnings season. S. inflation data for fresh signals on the Federal Reserve's interest-rate trajectory.
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