The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday.
- Statistics South Africa releases third-quarter gross domestic product (GDP) figures at 0930 GMT.
- South Africa's Treasury auctions long-term bond notes at 0900 GMT.
South Africa's rand strengthened on Monday, resuming a recent rally that has pushed it to pre-pandemic levels, with investors lured back into risk assets by progress in COVID-19 vaccines and hopes of further stimulus in the United States. .J ZAR/
Asian stocks came under pressure on Tuesday as investors struggled to balance hopes for more economic stimulus and vaccines with anxiety over a surge in COVID-19 infections. MKTS/GLOB
The Nasdaq closed at a record high on Monday after investors moved into mega-cap growth stocks even as a new round of COVID-19 restrictions underscored the continuing economic impact of the pandemic on the United States. .N
Gold prices scaled a two-week high on Tuesday on hopes that U.S. lawmakers would agree on a fiscal stimulus deal to cushion the economic blow from surging coronavirus infections. GOL/
For the top emerging markets news, double click on - - -
Some of the main stories out in the South African press:
- Zimbabwe's Great Dyke platinum venture sells stake to Fossil
- Telkom on the hunt for new finance chief
- Nepi Rockcastle NRPJ.J disposes of its shares in URW
- Altron AELJ.J shares cash on demerger news
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