South African Markets - Factors to watch on March 26

Wed Mar 26, 2008 5:44am GMT
 
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JOHANNESBURG, March 26 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.

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GLOBAL MARKETS

Asian share markets mostly fell on Wednesday, with Japan down nearly 1 percent, and the dollar sagged after the biggest drop in U.S. consumer confidence in five years cast doubt on the economy's resilience in the face of a housing and credit slump.

The dollar's fall sparked a rally in commodity and oil prices, and also lifted bonds, as investors took refuge in safer assets on concern the weak U.S. consumer outlook could exacerbate the housing market.

SOUTH AFRICAN POWER CRISIS

* Eskom [ESCJ.UL] said on its website that no forced power cuts, or load-shedding were taking place early on Wednesday. It indicated the state of the electricity grid at green, the lowest level of four colour-coded alert conditions with the highest being brown.

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