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African Markets - Factors to watch on Nov 28 - Reuters

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EVENTS:
SOUTH AFRICA - Johannesburg Stock Exchange Limited, a bourse operator, is expected to release data on foreigners' buying and selling of South African bonds and stocks during last week.
GLOBAL MARKETS:
Oil prices tumbled on Monday on fears that producer
countries may fail to agree an output cut, pressuring U.S.
stocks and the dollar as traders reversed their
"Trumpflation" trade as weak oil prices would reduce
pressure on U.S. interest rates to rise.
WORLD OIL PRICES
Oil prices regained some ground after steep losses made
since Friday in choppy trading ahead of a planned producer
meeting on Wednesday aimed at reining in global oversupply.
EMERGING MARKETS
For the top emerging markets news, double click on
AFRICA STOCKS
For the latest news on African stocks, click on
SOUTH AFRICA MARKETS
South Africa's rand weakened on Friday after Fitch cut its
rating outlook to negative as it affirmed the country's
investment grade rating at one-notch above "junk".
NIGERIA CRUDE
Nigeria, typically Africa's biggest crude oil producer, is
considering importing crude from neighbouring Niger due to
militant attacks on pipelines in the Niger Delta that feed
its refineries, a state oil company spokesman said on
Friday.
KENYA MARKETS
The Kenyan shilling was stable on Friday as recent
importer demand for dollars tailed off.
ZIMBABWE CURRENCY
Zimbabwe's central bank said on Saturday it will circulate
$10 million worth of new bond notes on Monday, a
quasi-currency that authorities expect to ease a serious
cash crunch, but will limit withdrawals to curb any abuses.
UGANDA SECURITY
The Ugandan authorities said on Sunday 41 tribal insurgents
and 14 police officers were killed in clashes in the west of
the country, and the tribal king of the area near the border
with the Democratic Republic of Congo was detained.
DEMOCRATIC REPUBLIC OF CONGO SECURITY
An ethnic Nande militia in eastern Democratic Republic of
Congo killed about 30 civilians, mostly Hutus, on Sunday
morning, local sources said, in an apparent escalation of
deadly violence between the two groups that has flared
repeatedly this year.
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