JOHANNESBURG, May 16 (Reuters) - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Friday.
ECONOMIC EVENTS
S&P Global scheduled to review South Africa's rating
Inflation-linked bond auction
Majority union at Transnet may announce plans to strike
SOUTH AFRICAN MARKETS
South Africa's rand firmed on Thursday, after a deputy finance minister indicated that a lower inflation target could be introduced soon, analysts said. .JZAR/
GLOBAL MARKETS
Asian stocks were ending a strong week on a softer note on Friday as the euphoria over U.S.-China trade talks faded, while revived bets for policy easing in the United States sparked a rally in beaten-down bond markets. MKTS/GLOB
WALL STREET
Wall Street stocks ended mixed on Thursday, with gains in Cisco Systems following an upbeat forecast, while UnitedHealth tumbled after a report of a criminal investigation into the insurer. .N
GOLD
Gold prices dropped on Friday and were poised for their steepest weekly decline in six months, as a stronger dollar and waning trade war concerns dampened its appeal as a safe-haven asset. GOL/
EMERGING MARKETS
For the top emerging markets news, double click on nTOPEMRG
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Some of the main stories out in the South African press:
BUSINESS DAY
- Bloisi takes Prosus M&A spending beyond 100 billion rand
- Government not aware of US move to halt G20 work with SA
(Compiled by Alexander Winning)
((alexander.winning@tr.com))
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