African Markets — Factors to watch on October 15
NAIROBI, Oct 15 (Reuters) — The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. — - — - — EVENTS: *Nigeria's statistics office to release consumer inflation data for September. GLOBAL MARKETS Oil prices fell more than 1% on Thursday as investors weighed risks to supply from attacks on shipping through the Strait of Hormuz against US efforts to cut petroleum shipping costs by easing sanctions on vessels.... MKTS/GLOB WORLD OIL PRICES Markets started the day on the back foot as trading kicked off in Asia on Thursday, as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal Reserve to act later this year and pushed stocks lower.... O/R AFRICA STOCKS For the latest news on African stocks, click on.J SOUTH AFRICA MARKETS The South African rand weakened sharply on Wednesday after a hotter-than-expected US inflation reading boosted expectations that the Federal Reserve could raise interest rates later this month.... UGANDA CENTRAL BANK RATE Uganda's central bank sharply raised its main interest rate on Wednesday after an emergency meeting
NAIROBI, Oct 15 (Reuters) — The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. — - — - — EVENTS: *Nigeria's statistics office to release consumer inflation data for September. GLOBAL MARKETS Oil prices fell more than 1% on Thursday as investors weighed risks to supply from attacks on shipping through the Strait of Hormuz against US efforts to cut petroleum shipping costs by easing sanctions on vessels....
MKTS/GLOB WORLD OIL PRICES Markets started the day on the back foot as trading kicked off in Asia on Thursday, as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal Reserve to act later this year and pushed stocks lower.... J SOUTH AFRICA MARKETS The South African rand weakened sharply on Wednesday after a hotter-than-expected US inflation reading boosted expectations that the Federal Reserve could raise interest rates later this month.... UGANDA CENTRAL BANK RATE Uganda's central bank sharply raised its main interest rate on Wednesday after an emergency meeting to address a slump in its shilling currency....
6% year-on-year in September to 49,517 metric tons of beans, data from exporters' association GEPEX showed on Wednesday.... EQUATORIAL GUINEA GAS US oil major Chevron is on track to deliver first gas from its offshore Aseng gas project in Equatorial Guinea in 2028, a senior company executive said on Wednesday.... MOZAMBIQUE BUDGET Mozambique's cabinet has approved the key parameters of next year's budget, foreseeing a narrower fiscal deficit and modest economic growth.... com; +254 20 499 1232)