African Markets - Factors to watch on May 2

Reuters
05-02
African Markets - Factors to watch on May 2

NAIROBI, May 2 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday.

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GLOBAL MARKETS

Asian stock markets and U.S. futures rose on Friday as signs of possible trade talks between the U.S. and China lifted risk sentiment after lacklustre earnings from tech bellwethers Apple and Amazon fuelled worries about the impact of tariffs. nL4N3RA04I MKTS/GLOB

WORLD OIL PRICES

Oil prices climbed on Friday after China said it was open for talks with the United States on tariffs, raising hopes of a de-escalation in a bitter trade war between the world's two largest economies. nL1N3RA029 O/R

EMERGING MARKETS

For the top emerging markets news, double click on nTOPEMRG

AFRICA STOCKS

For the latest news on South African stocks, click on .J

DEMOCRATIC REPUBLIC OF CONGO MINERALS

The U.S. is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral mineral deals that would bring billions of dollars of Western investment to the region, President Donald Trump's senior advisor for Africa told Reuters on Thursday.

nL1N3R90XD

NIGERIA TARIFFS

Nigerian billionaire Aliko Dangote said on Thursday he was "comfortable" with the impact President Donald Trump's tariffs would have on his urea exports to the U.S. because major competitor Algeria had been slapped with a higher levy. nL8N3R90O3

For the latest precious metals report click on GOL/ For the latest base metals report click on MET/L

For the latest crude oil report click on O/L

((Compiled by Nairobi Newsroom))

((Email: nairobi.newsroom@thomsonreuters.com))

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