financetom
World
financetom
/
World
/
African Markets - Factors to watch on June 3
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
African Markets - Factors to watch on June 3
Jun 2, 2025 10:41 PM

June 3 (Reuters) - The following company announcements,

scheduled economic indicators, debt and currency market moves

and political events may affect African markets on Tuesday.

- - - - -

EVENTS:

Asia shares edged cautiously higher on Tuesday while the

dollar fell to a six-week low as erratic U.S. trade policies

clouded over markets and investors turned defensive ahead of

key developments later in the week.

GLOBAL MARKETS

Oil prices ticked up on Tuesday on concerns about supply,

with Iran set to reject a U.S. nuclear deal proposal that

would be key to easing sanctions on the major oil producer,

while weakness in the dollar also supported prices.

WORLD OIL PRICES

Oil prices ticked up on Tuesday on concerns about supply,

with Iran set to reject a U.S. nuclear deal proposal that

would be key to easing sanctions on the major oil producer,

while weakness in the dollar also supported prices.

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

The South African rand strengthened against a weaker dollar

on Monday, shrugging off a further decline in local

manufacturing sentiment and upbeat vehicle sales figures.

KENYA MARKETS

Kenya's shilling strengthened slightly on Friday, helped by

dollar inflows from remittances although the gains were

limited by increased foreign-currency demand from general

goods importers, traders said.

CONGO SECURITY

Rwanda-backed M23 rebels in Democratic Republic of Congo

executed at least 21 civilians over two days in February in

the eastern city of Goma, Human Rights Watch said in a

report published on Tuesday.

MALI MINING

A Malian court has adjourned to Thursday a hearing on

whether to put Barrick Mining's ABX.TO Loulo-Gounkoto gold

complex under provisional administration, the court's

registry office and one of the lawyers involved told Reuters

on Monday.

MALI SECURITY

An Al Qaeda-linked jihadist group active in West Africa's

Sahel region has claimed an attack on a military base in

Mali on Sunday that two sources said had killed more than 30

soldiers.

NIGERIA SECURITY

The Nigerian Air Force killed more than 20 armed militia

members and destroyed 21 motorcycles in an airstrike in

northwestern Zamfara state over the weekend, thwarting a

planned large-scale attack on villages, a spokesperson said

on Monday.

For the latest precious metals report click on

For the latest base metals report click on

For the latest crude oil report click on

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GRAINS-Soybeans fall on supply pressures; corn and wheat turn higher
GRAINS-Soybeans fall on supply pressures; corn and wheat turn higher
Mar 11, 2024
* CBOT soybeans weighed down by South American supplies * Wheat bounces on bargain buying, technical trading * Corn ticks higher (Recasts throughout; adds bullets, new headline, new comment, changes dateline previously HAMBURG) By Heather Schlitz CHICAGO, March 11 (Reuters) - Chicago Board of Trade soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and...
TSX Returns To Winning Ways
TSX Returns To Winning Ways
Mar 11, 2024
04:15 PM EDT, 03/11/2024 (MT Newswires) -- While trade on Canada's main stock market was dominated by profit takers over the period stretching from Friday in to early on this Monday, investors who still believe there is value to be found on the Toronto Stock Exchange re-emerged and dominated proceedings over the rest of today's session, in the end pushing...
CANADA STOCKS-Toronto market gains as investors rotate into value stocks
CANADA STOCKS-Toronto market gains as investors rotate into value stocks
Mar 11, 2024
* TSX ends up 0.2% at 21,769.22 * Materials group adds 0.8% * Silvercrest Metals ( SILV ) jumps 10.2% * Technology loses 0.5% (Updates at market close) By Fergal Smith March 11 (Reuters) - Canada's main stock index rose on Monday, benefiting from a broadening of the recent rally to include stocks considered cheap compared to their fundamental valuations,...
MORNING BID ASIA-Stocks drift lower again, India CPI on deck
MORNING BID ASIA-Stocks drift lower again, India CPI on deck
Mar 11, 2024
March 12 (Reuters) - A look at the day ahead in Asian markets. With global markets gently easing back from recent highs ahead of U.S. inflation data on Tuesday, Asian markets are unlikely to swing too far in either direction, although the Indian rupee and South Korean won could be exceptions to that rule. Indian inflation and Bank of Korea...
Copyright 2023-2025 - www.financetom.com All Rights Reserved