South African Markets - Factors to watch on September 1
South African Markets - Factors to watch on September 1 JOHANNESBURG, Sept 1 (Reuters) - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Tuesday.
ECONOMIC EVENTS
South Africa manufacturing sector PMI
South African government bond auction
South Africa-Car sales ZAVEHA=ECI, ZAVEHY=ECI
COMPANIES
South Africa's Shoprite full-year earnings SHPJ.J
Sasol Ltd annual results SOLJ.J
Sibanye Stillwater half-year earnings release SSWJ.J
GLOBAL MARKETS
Selling drove global bond yields to major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices above $90 a barrel and put pressure on stock markets around the world.MKTS/GLOB
WALL STREET
U.S. stocks weakened on Monday, with Wall Street turning the page on a volatile month as a war-related jump in crude prices revived inflation fears and raised the likelihood of tighter monetary policy..N
GOLD
Gold prices slipped on Tuesday as traders assessed Middle East tensions and awaited key U.S. labour market data due this week that could shape expectations for Federal Reserve monetary policy.GOL/
Some of the main stories out in the South African press:
BUSINESS DAY
- Constitutional Court clears way for lawsuits against retired judges
- Bidvest to build second LPG terminal at Richards Bay as demand grows
NEWS24
- 'Relax, no one is paying,' says Minister of Energy on smelters' free lunch
(Compiled by Anathi Madubela)
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