South African Markets - Factors to watch on Nov 5
JOHANNESBURG, Nov 5 (Reuters) -The following scheduled economic events, equity and currency market moves may affect South African markets on Tuesday.
ECONOMIC EVENTS
S&P Global Whole Economy PMI for October
South Africa's weekly auction of long-term bonds
SOUTH AFRICAN MARKETS
South Africa's rand gained on Monday against a weaker dollar, as investors geared up for the U.S. to elect its next president and the Federal Reserve's interest rate announcement this week.
On the Johannesburg Stock Exchange, the blue-chip Top-40 index .JTOPI closed little changed..JZAR/
GLOBAL MARKETS
Stock markets moved sideways and an uneasy calm settled over currencies and bonds as investors waited for the United States to choose a new leader with polls showing the contest on a knife edge.MKTS/GLOB
WALL STREET
U.S. stocks closed slightly lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a new president and the Federal Reserve will announce its policy statement..N
GOLD
Gold traded in a narrow range on Tuesday as investors stayed away from taking big positions ahead of the U.S. presidential election and the Federal Reserve policy meeting later this week.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
- SA efforts to tackle child poverty miss the mark
- Treasury may tap PIC for health funding
(Compiled by Tannur Anders)
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