The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.
- South Africa's seasonally adjusted Absa (JO: ABGJ ) Purchasing Managers' Index (PMI) due at 0900 GMT.
- September new vehicles sales data.
South Africa's rand weakened against the dollar on Friday and stocks ended lower, tracking weaker European markets that were weighed down by Italy budget worries. .J ZAR/
The Canadian dollar and the Mexican peso rose and Japanese shares hit 27-year highs on Monday after the United States and Canada reached a framework deal to update the North American Free Trade Agreement. MKTS/GLOB
Wall Street ended flat on Friday as gains by Intel (NASDAQ: INTC ), real estate companies and utilities offset a drop in Facebook (NASDAQ: FB ) after the social media network disclosed a security breach. .N
Gold prices dipped on Monday as the dollar firmed in the wake of indications from the U.S. Federal Reserve last week that it will pursue a tighter monetary policy. GOL/
For the top emerging markets news, double click on - - -
Some of the main stories out in the South African press:
- NDP's 6 pct jobless rate by 2030 'impossible'
- SARS drops claim against former spokesperson
- Cosatu demands corruption probe
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.