South African Markets - Factors to watch on May 10

JOHANNESBURG, May 10 (Reuters) - The following economic events, equity and currency market moves may affect South African markets on Wednesday.

ECONOMIC EVENTS Central bank governor Kganyago speaks on challenges facing global economy from 0900 GMT

SOUTH AFRICAN MARKETS The South African rand and stocks fell on Tuesday as the dollar rose ahead of closely watched U.S. inflation data due this week. GLOBAL MARKETS Stocks were struggling to advance in Asia and the dollar was firm on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts later this year if inflation fails to show much of a decline. WALL STREET U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of a U.S. consumer price index report and a meeting between U.S. political leaders to discuss the debt ceiling. GOLD Gold prices eased into a tight range on Wednesday as traders braced for key U.S inflation data due later in the day, which could impact the Federal Reserve's policy stance. EMERGING MARKETS For the top emerging markets news, double click on - - - -

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

BUSINESS DAY - Absa slashes forecast for SA's economic growth

FIN 24 - Ramokgopa: We can't transition in the dark - Police top brass in disarray over De Ruyter questions

(Compiled by Alexander Winning)

Reuters

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South African Markets - Factors to watch on May 10

By Reuters

Reuters

Reuters

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