African Markets - Factors to watch on Dec 13 - Reuters

December 13, 2016
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
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GLOBAL MARKETS
Asian shares and the dollar were on tenterhooks on Tuesday as investors awaited the looming outcome of the Federal Reserve's rates review, with all eyes on how the Fed steers monetary policy in the wake of Republican Donald Trump's surprise election win last month. WORLD OIL PRICES
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organised by OPEC and other exporters materialised, tightening a market that has been grappling with years of oversupply.

EMERGING MARKETS
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AFRICA STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand ZAR=D3 climbed as much as 1.3 percent against the dollar on Monday, mainly tracking a rally in commodity currencies driven by a firmer oil price.

KENYA ICC
Kenya's President Uhuru Kenyatta said on Monday the country will have to think seriously about its membership in the International Criminal Court (ICC), signalling another African country may quit the embattled court.

GAMBIA CRISIS
The United States said on Monday Gambia had reached "a very dangerous moment" as West African leaders prepared to travel there to tell long-ruling leader Yahya Jammeh to accept his election defeat and step down.

ZAMBIA IMF
Zambia should delay its planned re-financing of $2.8 billion worth of Eurobonds until financing conditions ease, an International Monetary Fund representative said on Monday.

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Steven Rich
Sep 17, 2018:
Well done
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