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Farooq

Posts Tagged "african markets"

HomePosts Tagged "african markets"

NAIROBI, May 18 (Reuters) – Ghana’s cedi and Zambia’s kwacha are seen weakening in the next week to Thursday, while Kenya and Tanzania shillings are expected to hold steady, traders said. KENYA The shilling is seen holding steady, supported by dollar inflows from tea exporters and subdued demand from oil importers, traders said. Commercial banks […]

NAIROBI, March 9 (Reuters) – The Kenyan shilling is seen depreciating in the week ahead through next Thursday as hard currency inflows into local debt auctions slows while Ghana’s cedi is seen firming on healthy offshore appetite for the country’s debt. KENYA The Kenya shilling could come under pressure from a potential fall in dollar […]

ACCRA, March 2 (Reuters) – Ghana’s cedi could be affected by how markets receive the new government’s first budget presented on Thursday, while the Ugandan shilling will likely weaken on increased dollar demand from manufacturers and fuel importers. GHANA Ghana’s volatile cedi has been under pressure since early February on a persisting strong corporate greenback […]

NAIROBI, Jan 5 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – GLOBAL MARKETS Asian stocks rose for an eighth consecutive day on Thursday, buoyed by further gains on Wall Street and an overnight bounce in […]

NAIROBI, Jan 4 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. – – – – – EVENTS: *KENYA – The central bank to auction 182-day and 364-day Treasury bills worth a total 12 billion shillings. *GHANA – Outgoing President John […]

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NAIROBI, Jan 2 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. – – – – – GLOBAL MARKETS The dollar, oil and U.S. stocks slipped on Friday in thin pre-holiday trading on the last trading day of 2016, but ended […]

NAIROBI, Dec 30 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. – – – – – EVENTS: *NIGERIA – The central bank to release its latest figures on the state of its foreign exchange reserves. *UGANDA – The statistics office […]

NAIROBI, Dec 29 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – EVENTS: *KENYA – The central bank auctions 91-day Treasury bills worth a total 4 billion shillings. GLOBAL MARKETS Asian shares slipped on Thursday after […]

Dec 23 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. – – – – – EVENTS: * Mauritius releases Q3 growth figures and updates 2016 and 2017 growth forecasts GLOBAL MARKETS Asian stocks stepped back in subdued trade on Friday […]

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. – – – – – – GLOBAL MARKETS Oil prices jumped to their highest levels in a year and a half on Monday after OPEC and non-OPEC producers agreed to cut oil output to […]