JOHANNESBURG, July 7 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Monday.
ECONOMIC EVENTS
- South Africa's foreign reserves as of end-June ZAFXRS=ECI
- Foreigners' trading in South African bonds and equities
- Treasury bill auction
SOUTH AFRICAN MARKETS
The South African rand fell on Friday as traders mulled the impact of U.S. President Donald Trump's sweeping tax cut and spending bill, and as pressure mounted on countries to secure trade deals before the United States' July 9 deadline.
The Johannesburg Stock Exchange's Top-40 index .JTOPI was last down 0.2%..JZAR/
GLOBAL MARKETS
Stock markets slipped in Asia on Monday amid confusion as U.S. officials flagged a delay on tariffs but failed to provide much detail on the change, while oil prices slid as OPEC+ opened the supply spigots more than expected. MKTS/GLOB
WALL STREET
Wall Street rallied on Thursday to record closing highs, as chipmaker Nvidia rose closer to a $4 trillion valuation and a surprisingly strong U.S. jobs report cheered investors, who shrugged off dimming chances for an interest rate cut this month. .N
GOLD
Gold prices dropped on Monday after U.S. President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal.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
- Police minister accused of aiding criminal syndicates
- MultiChoice expects years of cash burn before Showmax is profitable
- Citrus industry urges priority in agriculture budget vote as exports surge
NEWS24
- SA operators want 2G, 3G networks off - but millions aren't ready yet
(Compiled by Sfundo Parakozov)
((Sfundo.Parakozov@thomsonreuters.com))