off-the-wire

South African Markets - Factors to watch on May 9

Kitco Media
By Reuters
Published:
Updated:
Reuters
JOHANNESBURG, May 9 (Reuters) - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Tuesday.


ECONOMIC EVENTS Weekly government bond auction


COMPANIES Equites results


SOUTH AFRICAN MARKETS South Africa's rand firmed and stocks rose on Monday, with the dollar slightly weaker on bets that U.S. interest rates have peaked. GLOBAL MARKETS An index of Asian stocks eased back from more than two-week highs on Tuesday as traders squared positions heading into a key U.S. inflation report, although mainland Chinese shares and Japanese equities bucked the trend. WALL STREET U.S. stocks paused on Monday after a strong rally in the prior session as investors shift focus to a key inflation reading later this week. GOLD Gold prices flitted in a narrow range on Tuesday ahead of U.S. inflation data, which investors will scrutinise for clues on the Federal Reserve's policy path. EMERGING MARKETS For the top emerging markets news, double click on - - - -


Some of the main stories out in the South African press:


BUSINESS DAY - Treasury fails to realise its surplus ambition - ArcelorMittal SA and unions sign 6.5% wage agreement
(Compiled by Alexander Winning)

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