JOHANNESBURG, Sept 11 (Reuters) - The following
scheduled economic events, company announcements, equity and
currency market moves may affect South African markets on
Thursday.
ECONOMIC EVENTS
Q2 current account data
July mining output figures
July Manufacturing production numbers
COMPANIES
Discovery reports full-year results
FirstRand reports full-year results
SOUTH AFRICAN MARKETS
The South African rand firmed on Wednesday after
softer-than-expected U.S. producer prices data cemented
expectations that the Federal Reserve will resume cutting
interest rates soon.
On the Johannesburg Stock Exchange, the Top-40 index
was last up 0.4%.
GLOBAL MARKETS
Japanese and Taiwanese shares set records on Thursday as
technology companies rallied while investors wagered that U.S.
inflation data will be well behaved enough to ensure an interest
rate cut next week, and perhaps two more by year end.
WALL STREET
The S&P 500 and Nasdaq notched record-high closes on
Wednesday, as Oracle surged and cooler-than-expected inflation
data supported expectations the U.S. Federal Reserve will cut
interest rates next week.
GOLD
Gold prices edged lower on Thursday, hovering near record
highs, as investors awaited U.S. consumer inflation data due
later in the day following weaker-than-expected producer price
figures that reinforced expectations of a Federal Reserve rate
cut next week.
EMERGING MARKETS
For the top emerging markets news, double click on
- - - -
Some of the main stories out in the South African press:
BUSINESS DAY
- Electricity minister warns high energy costs risk smelter
meltdowns
- Binance pushing for everyday crypto payments in SA through
Zapper partnership
NEWS24
- SA's housing crisis: Govt battles backlog of 2 million
homes with limited resources
- SA's housing crisis: Govt battles backlog of 2 million
homes with limited resources
- OM Bank targets 2.5 million customers, 2028 break-even
(Compiled by Sfundo Parakozov)