African markets factors and outlook Feb. 15, 2018

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The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Thursday.
    - - - - -
 GLOBAL MARKETS
 Asian stocks gained on Thursday after Wall Street brushed
 aside strong U.S. inflation data and surged, in a move that
 also saw the dollar pinned at two-week lows even as Treasury
 yields jumped in anticipation of more rapid U.S. interest
 rate hikes.
            
 
 WORLD OIL PRICES
 Oil prices on Thursday extended gains from the previous
 session, pushed up by a weak dollar and by comments from
 Saudi Arabia that it would rather see an undersupplied
 market than end a deal with OPEC and Russia to withhold
 production.
         
 
 SOUTH AFRICA MARKETS
 South Africa's rand jumped more than 1 percent to its
 firmest since June 2015 and bonds hit a one-week best on
 Wednesday after the ruling African National Congress (ANC)
 said it would proceed with a vote to remove President Jacob
 Zuma from office.
             
 
 NIGERIA MARKETS
 Nigeria has raised 176 billion naira ($576 million) worth of
 treasury bills at an auction on Wednesday, traders said.
             
 
 NIGERIA INFLATION
 Annual inflation in Nigeria slowed for the 12th month in a
 row in January to 15.13 percent, compared with 15.37 percent
 in December, the National Bureau of Statistics (NBS) said on
 Wednesday.   
             
 
 KENYA MARKETS
 The Kenyan shilling KES= fell against the dollar on
 Wednesday amid ample liquidity in the money markets which
 sent overnight rates on the interbank market further down,
 traders said.
             
 
 KENYA GROWTH FORECAST
 Kenya's economy is likely to grow 5.8 percent this year,
 recovering from drought and political uncertainty that
 pushed growth down to an estimated 4.8 percent in 2017, the
 finance ministry said.
                 
 
 GHANA INFLATION
 Ghana's annual consumer price inflation eased to 10.3
 percent in January from 11.8 percent the previous month, the
 statistics office said on Wednesday.
             
 
 ZIMBABWE OPPOSITION LEADER
 Zimbabwe opposition leader Morgan Tsvangirai died on
 Wednesday after a long battle with cancer, casting his
 Movement for Democratic Change (MDC) party into the unknown
 less than three months after the army ousted long-time ruler
 Robert Mugabe.
             
 
 ANGOLA BUDGET
 Angolan lawmakers on Wednesday approved a 9.6 trillion
 kwanza ($45.69 billion) state budget for this year
 forecasting 4.9 percent economic growth, well beyond the 1.6
 percent expected by the International Monetary Fund.