*KENYA - The statistics office is due to release 2022 gross domestic product data.
GLOBAL MARKETS Asian stocks fell for a second session in a row on Wednesday, as global investors contended with signs of a softening U.S. economy, and were in full flight from U.S. regional lenders, ahead of an expected U.S. interest rate hike later in the day. WORLD OIL PRICES Oil was little changed on Wednesday after hitting five-week lows in the previous session, as investors priced in expectations for interest rate hikes in the U.S. and Europe and waited for clarity on future policy path. 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 South Africa's rand slipped on Tuesday, with market attention this week likely to hinge on a local purchasing managers' index (PMI) survey and a U.S. Federal Reserve interest rate meeting. KENYA MARKETS Kenya's shilling held steady on Tuesday, but it was expected to weaken due to increased demand for dollars from energy importers, traders said. IVORY COAST COCOA Cocoa arrivals at ports in top grower Ivory Coast had reached 1.907 million tonnes by April 30 since the start of the season on Oct. 1, down 6.9% from the same period last season, exporters estimated on Tuesday. ZAMBIA ECONOMY Zambia's economy is projected to expand 4.2% in 2023, Secretary to the Treasury Felix Nkulukusa said on Tuesday, with growth dipping compared to last year as the southern African country battles to wrap up a long-delayed debt restructuring. For the latest precious metals report click on For the latest base metals report click on For the latest crude oil report click on (Compiled by Nairobi Newsroom)
