African Markets - Factors to watch on Dec 28 - Reuters

December 28, 2016
NAIROBI, Dec 28 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday.
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EVENTS:
*RWANDA - The central bank announces its latest decision on its repo rate

. *GHANA - Statistics office to release third quarter gross domestic product data, and producer price index data for November.

*KENYA - The central bank to auction 182-day, 364-day Treasury bills worth a total 12 billion shillings.

GLOBAL MARKETS
Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight.

WORLD OIL PRICES
Oil prices edged down on Wednesday in quiet early Asian trading as the market waits to see how OPEC and non-OPEC members carry through on planned supply cuts in the new year.

EMERGING MARKETS
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AFRICA STOCKS
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IVORY COAST COCOA
Cocoa arrivals at ports in top grower Ivory Coast totalled around 783,000 tonnes by Dec. 25 since the start of the season on Oct. 1, exporters estimated on Tuesday, up 8.15 percent from the 724,000 tonnes over the same period of the previous season.[

MOZAMBIQUE POLITICS Mozambique's Renamo opposition party will cease all military operations against government forces for the next seven days to allow the public to enjoy New Year festivities, its leader Afonso Dhlakama said on Tuesday.

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Steven Rich
Sep 17, 2018:
Well done
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