November 15, 2017 / 5:18 AM / 9 days ago

South African Markets - Factors to watch on Nov 15

JOHANNESBURG, Nov 15 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.

ECONOMIC EVENTS

Retail sales data to be published

Reuters will poll for the South African central bank’s next interest rate decision on Nov. 23

SOUTH AFRICAN MARKETS

South Africa’s rand recovered on Tuesday as traders who sold the currency and bought the dollar in the previous session took profits on the fall to one-year lows, locking-in positions at cheaper levels.

GLOBAL MARKETS

Asian stocks slipped on Wednesday after weaker crude oil prices took a toll on Wall Street, while the euro kept big gains after enjoying a boost from robust German economic growth.

WALL STREET

U.S. stock indexes fell on Tuesday as General Electric shares plunged for a second straight day and a drop in crude oil prices hit energy stocks.

GOLD

Gold prices firmed on Wednesday as investors awaited the October consumer inflation data from the United States for potential hints on the Federal Reserve’s monetary tightening policy.

EMERGING MARKETS

For the top emerging markets news, double click on

- - - -

Some of the main stories out in the South African press:

BUSINESS DAY

- Fees spree sure to dump SA on junk heap

- Gordhan: urgent shift may save SA from junk

BUSINESS REPORT

- Senior manager at Eskom resigns with immediate effect

- Harmony Gold miners return to work after two-day strike (Reporting by Alexander Winning)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below