Some of the main stories out in the South African press: BUSINESS DAY - Alarm bells ring deep inside presidency - Unions unhappy about consultations on energy transition FIN 24 - Eskom's losses may balloon to 20 bln rand this year (Compiled by Alexander Winning)
JOHANNESBURG, Feb 15 (Reuters) - The following scheduled
economic events, company announcements, equity and currency
market moves may affect South African markets on Wednesday.
ECONOMIC EVENTS
January inflation figures
January business confidence
December retail sales
COMPANIES
DRDGold financial results
SOUTH AFRICAN MARKETS
The South African rand firmed on Tuesday against the U.S.
dollar, which fell to a roughly two-week low after data showed
U.S. inflation rose at its slowest pace in 16 months. GLOBAL MARKETS
Asian stocks slipped while the U.S. dollar held firm on
Wednesday following U.S. inflation data and remarks from central
bank officials that have investors worrying interest rates are
going to be higher for longer. WALL STREET
Wall Street stocks ended mixed on Tuesday after U.S.
consumer price data for January offered little to change
expectations about the Federal Reserve's path forward on
interest rate hikes. GOLD
Gold prices were lower on Wednesday, as the dollar firmed
after data showing sticky U.S. inflation added to concerns that
the Federal Reserve would persist with monetary policy
tightening. EMERGING MARKETS
For the top emerging markets news, double click on - - - -
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.