South African Markets — Factors to watch on October 14
JOHANNESBURG, Oct 14 (Reuters) — The following scheduled economic events, equity and currency market moves may affect South African markets on Wednesday. South African Markets The South African rand held on to early gains on Tuesday, supported by a softer dollar and lower oil prices, shrugging off weaker-than-expected domestic mining data..J ZAR/ Global Markets Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of US inflation data later in the global day. MKTS/GLOB Wall Street The Nasdaq ended lower on Tuesday, as chip stocks added to recent losses and investors parsed mixed quarterly results from Citigroup and other big US banks..N Gold Gold prices held firm on Wednesday as investors braced for US consumer price index data due later in the day for clues on the Federal Reserve's latest monetary policy stance. GOL/ Some of the main stories out in the South African press: Business Day - Moody's flags budget statement as test for SA's fiscal prudence - Absa taps Kenya's top fintech talent in retail banking overhaul News24 - 22 million rand fraud case op
JOHANNESBURG, Oct 14 (Reuters) — The following scheduled economic events, equity and currency market moves may affect South African markets on Wednesday. J ZAR/ Global Markets Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of US inflation data later in the global day. N Gold Gold prices held firm on Wednesday as investors braced for US consumer price index data due later in the day for clues on the Federal Reserve's latest monetary policy stance. com)