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South African Markets - Factors to watch on Feb. 18

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.


Anglo American Platinum to report fourth quarter results.


South Africa's rand was on course for a loss of more than three percent against the dollar last week, as five consecutive days of power cuts reminded investors about the fragility of an economic recovery.


Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.


Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war.


Gold prices rose to their strongest level in more than two weeks on Monday as the dollar weakened on hopes the United States and China are nearing a trade deal, while palladium hit a record high.


For the top emerging markets news, double click on

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


- Taxpayers likely to stump up SAA's R1.1bn Comair bill

- Irba wants auditor permanently barred


- Mboweni faces tough juggling act with his debut budget

- Sharp decline in black ownership rankles the dti

2019-02-18 07:39:36

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