African Markets – Factors to watch on July 17

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GLOBAL MARKETS

Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island’s defence.

WORLD OIL PRICES

Oil prices were steady on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the prior session, as signs of weakening demand growth in China clashed with the prospect of declining U.S. oil stockpiles.

Source link : https://www.cnbcafrica.com/2024/african-markets-factors-to-watch-on-july-17/

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Publish date : 2024-07-17 07:39:56

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