The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Thursday.
- - - - -
EVENTS:
*Ethiopian singer to be buried following two days of
protests
GLOBAL MARKETS
Asian stocks tracked Wall Street higher on Thursday although
sentiment was cautious ahead of U.S. employment data while
copper prices jumped to more than six-month highs on a
better global outlook and supply fears in top producer
Chile. MKTS/GLOB
WORLD OIL PRICES
Oil prices dipped on Thursday after the United States
recorded its biggest one-day spike in coronavirus cases and
California reimposed some lockdown measures, stoking worries
a resurgence in COVID-19 cases will stall a recovery in fuel
demand. O/R
EMERGING MARKETS
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STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand firmed against a weaker dollar on
Wednesday, shaking off data revealing the economy was
already in contraction before the coronavirus lockdown as
investors looked to pocket the rand's high
yield. AIRLINES
Nigeria will resume domestic flights from July 8, the
government said on Wednesday, as Africa's most populous
country relaxes novel coronavirus restrictions despite
mounting cases and deaths. MARKETS
The Kenyan shilling KES= held steady on Wednesday against
dollar demand from the energy sector and merchant importers
supported by inflows from horticulture exports and
remittances following easing of lock down restrictions
abroad, traders said. WIRECARD
Mauritius's central bank and Financial Services Commission
have started a joint investigation into alleged
round-tripping linked to Wirecard AG WDIG.DE , the central
bank said on Wednesday. COAST COCOA
Child labour has increased in top grower Ivory Coast's cocoa
sector during its coronavirus lockdown, according to a
report released on Wednesday by an industry-backed
foundation. COCOA
Aisha Kalinda melts the chunks of cocoa in a pan and spoons
the brown gloop into a mould which will become the latest
bar produced at the Lowa chocolate factory, the first
locally owned producer in Democratic Republic of
Congo. FASO SECURITY
Burkina Faso's defence ministry said on Wednesday it has
launched an investigation following the discovery of seven
bullet-ridden corpses in the outskirts of a town in the east
where the army had carried out an operation. For the latest precious metals report click on GOL/
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