Investing

South Africa's twin deficits, weak growth a challenge for policymakers 15:23 GMT

JOHANNESBURG (Reuters) - South Africa's trade shortfall widened in October, data showed on Friday, underlining warnings from the central bank that persistent current account and fiscal deficits along with weak economic growth would make policy decisions harder.  Full Article

 
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Nigeria naira down 1.7 pct on OPEC decision not to cut output - dealers 10:07 GMT 

LAGOS (Reuters) - Nigeria's naira fell 1.7 percent in early Friday trade to 177.25 against the dollar as markets reacted negatively to a decision of the OPEC oil exporting group not to cut crude output, dealers said.  Full Article  

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Rescue plan for Abil's Ellerine makes slow progress 15:45 GMT 

JOHANNESBURG (Reuters) - Administrators implementing a rescue plan for African Bank Investments'(Abil) furniture business Ellerine have so far failed to find bidders for the bulk of the assets, they told creditors in an update on Friday.  Full Article  

 
Symbol Last Net Change
GOLD CON1 JPY  4,447.00 JPY  -51.00
SILVER CON1 JPY  60.70 JPY  -1.20
PLATINUM CON1 JPY  4,608.00 JPY  12.00
PALLADIUM CON1 JPY  3,065.00 JPY  20.00
Symbol Last Net Change
BRENT CRUDE USD  70.11 USD  -2.47
GAS OIL APR1 USD  637.25 USD  -6.00
LIGHT CRUDE CON1 USD  66.11 USD  -7.58
NATURAL GAS CON1 USD  4.09 USD  -0.27
Symbol Last Net Change
COFFEE C CON1 USC  186.80 USC  -6.70
COCOA CON1 USD  2,867.00 USD  -44.00
SUGAR 11 CON1 USC  15.59 USC  -0.53
UK £ USD =1.5614
Euro USD =1.2434
Rand USD =0.0903

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