South African Markets - Factors to watch on Oct 11
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Scheduled economic event includes South African inflation-linked bond auction; South African rand firmed against the dollar on Oct 10 after U.S. inflation data showed a slight decline in September; Johannesburg Top-40 index closed little changed; Asian shares headed for first weekly loss in five; Wall Street main indexes closed lower on Oct 10; Gold prices climbed on Oct 11 amid expectations for a Federal Reserve rate cut; Key stories include township malls thriving despite high rates, Exxaro targeting manganese assets, and warnings of disruption at OR Tambo due to SARS delays.
#SouthAfrica #Markets #Economy #Inflation #Stocks #Gold #Currency #BondAuction #Exxaro #Sars
https://cnbcafrica.com/2024/south-african-markets-factors-to-watch-on-oct-11/
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