African Markets – Factors to watch on Oct 11

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GLOBAL MARKETS

Asian shares were headed for the first weekly loss in five as the stunning rally in Chinese shares took a breather, although all eyes are on the details of the much-anticipated fiscal stimulus from Beijing this weekend.

WORLD OIL PRICES

Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites.

Source link : https://www.cnbcafrica.com/2024/african-markets-factors-to-watch-on-oct-11/

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Publish date : 2024-10-11 08:01:22

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