NAIROBI, Feb 4 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.
GLOBAL MARKETS
Asian shares dipped on Thursday as tight liquidity conditions in China curbed buying for now, though improving corporate earnings, expectations of large U.S. stimulus and subsiding retail frenzy all supported risk sentiment.
WORLD OIL PRICES
Oil prices extended gains on Thursday after the OPEC+ alliance of major producers stuck to a reduced output policy, and as crude stockpiles in the United States fell to their lowest levels since March last year.
SOUTH AFRICA MARKETS
South Africa's rand strengthened on Wednesday, extending recent gains, as global appetite for risk and high yields rose on optimism around vaccine rollouts.
MARKETS
Nigeria's central bank weakened the naira on the futures market across maturities, exchange data showed on Wednesday, as the currency dropped to a record intra-day low on the over-the-counter spot market.
ECONOMY
Nigeria plans to rebase its gross domestic product in an effort to determine the current structure of its economy, according to a statement from the National Bureau of Statistics (NBS).
MARKETS
Kenya's shilling KES= strengthened on Wednesday, helped by tea export inflows and commercial banks shedding their long dollar positions, traders said.
ECONOMY
Kenya's private sector activity jumped in January, with output increasing after the reopening of schools and more businesses that had been closed to curb the COVID-19 pandemic, a survey showed on Wednesday.