The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Monday.
SOUTH AFRICAN MARKETS
South African markets were closed on Friday for a public holiday.
On Thursday, rand gained strongly as the dollar fell on global markets and the central bank held its main interest rate at a record low.
Johannesburg-listed stocks rose, with the All-share index ending up 1.1% at 64,049 points and the Top-40 index closing up 1.2% at 57,643 points.
Asian shares crept higher on Monday as risk sentiment turned for the better, though a surge in oil prices to three-year highs could inflame inflation fears and aggravate the recent hawkish turn by some major central banks.
The Dow and S&P 500 edged higher on Friday and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike .
Gold prices firmed on Monday, propped up by a subdued dollar and slight retreat in the U.S. Treasury yields, with investors gearing up for a week of speeches from U.S. Federal Reserve policymakers for cues on the central bank’s rate hike path.
For the top emerging markets news, double click on (Compiled by Olivia Kumwenda-Mtambo)