South African Markets — Factors to watch on October 15

JOHANNESBURG, Oct 15 (Reuters) — The following scheduled economic events, equity and currency market moves may affect South African markets on Thursday. South African 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..J ZAR/ Global Markets Stocks sold off in Asia on Thursday with the tech supply chain bearing the brunt of the damage, as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal Reserve to act later this year. MKTS/GLOB Gold Gold prices climbed 1%, rebounding from a one-week low hit in the previous session as the US dollar eased, while investors assessed the likelihood of a Federal Reserve interest rate increase this month after a hot inflation report. GOL/ Wall Street Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve pummeling shares of Oracle, CoreWeave and other AI stocks sensitive to higher borrowing costs..N Some of the main stories out in the South African press: B