South African Markets - Factors to watch on Sept 4
JOHANNESBURG, Sept 4 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves may affect South African markets on Tuesday.
Gross domestic product data
Insurer Discovery releases financial results
SOUTH AFRICAN MARKETS
South Africa's rand fell more than 1 percent on Monday as
emerging markets remained on the back foot, while stocks were
Asian shares fell and the dollar turned higher on Tuesday as
the trade dispute between the United States and China threatened
to escalate, and as emergency measures in Argentina underscored
the turbulence in emerging markets.
Gold prices inched down on Tuesday as the dollar hit a
one-week high on the back of intensifying global trade tensions
and economic worries in emerging markets.
For the top emerging markets news, double click on
- - - -
Some of the main stories out in the South African press:
- Solidarity labour action puts pressure on Sasol
- Mantashe shuts shady Mpumalanga mining office
(Compiled by Alexander Winning)
© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.