African Markets - Factors to watch on Nov 9

Mon Nov 9, 2009 5:37am GMT
 
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Nov 9 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.

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GLOBAL MARKETS

Asian stocks and currencies rose on Monday as investors bet that a surge in the U.S. unemployment rate to a 26-1/2-year high would force policymakers to keep many stimulus measures in place until an economic recovery was on more solid footing.[ID:nSP425501]

U.S. stock futures SPc1 edged up while U.S. Treasuries sagged ahead of $81 billion worth of new supply this week.

The MSCI index of Asia Pacific stocks outside Japan .MIAPJ0000PUS rose 1.3 percent, having risen about 5 percent since hitting a one-month low a week ago.

Japan's Nikkei share average .N225 was flat.

SOUTH AFRICAN MARKETS  Continued...

 

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