Some of the main stories out in the South African press: BUSINESS DAY - Battery storage market ripe for a boom in SA: World Bank - SA likely to suffer technical recession in 2023, says Absa (Compiled by Alexander Winning)
JOHANNESBURG, Feb 14 (Reuters) - The following scheduled
economic events, equity and currency market moves may affect
South African markets on Tuesday.
ECONOMIC EVENTS
Weekly government bond auction
SOUTH AFRICAN MARKETS
The South African rand strengthened on Monday against a
weaker U.S. dollar, after hitting a three-month low earlier in
the day amid concerns about persistent power cuts. GLOBAL MARKETS
Asian shares tracked a bounce on Wall Street on Tuesday, as
investors remained confident that key U.S. economic data due
later would show easing inflation, while the yen recouped losses
as Japan nominated a new central bank governor. WALL STREET
Wall Street closed sharply higher on Monday as investors
awaited inflation data likely to hint at the path of the Federal
Reserve's future interest rate hikes. GOLD
Gold prices rose on Tuesday as the dollar retreated, with
investors bracing for U.S. inflation data that could determine
the Federal Reserve's next monetary policy moves. EMERGING MARKETS
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