South African Markets-Factors to watch on January 8

Reuters
Yesterday
South African Markets-Factors to watch on January 8

JOHANNESBURG, Jan 8 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Thursday.

ECONOMIC EVENTS

Foreign reserves ZAFXRS=ECI

November manufacturing production ZAMAN=ECI

GLOBAL MARKETS

Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market data. MKTS/GLOB

WALL STREET

The S&P 500 ended lower on Wednesday, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and Alphabet lifted the Nasdaq as investors shifted toward AI-related stocks. .N

GOLD

Gold prices dipped on Thursday, pressured by a firm dollar as investors geared up for a key jobs report later this week that could provide more hints on U.S. monetary policy moves and while they assess the U.S. pressure on Venezuela. GOL/

EMERGING MARKETS

For the top emerging markets news, double click on nTOPEMRG

- - - -

Some of the main stories out in the South African press:

BUSINESS DAY

- FIC tightens disclosure rules to target shell companies and illicit flows

- Transnet seeks keyless system in fight against organised crime

NEWS24

- Cape Town wind hits exporters, causes worst delays in years

(Compiled by Anathi Madubela)

((Anathi.Madubela@thomsonreuters.com))

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