South African Markets - Factors to watch on June 9

JOHANNESBURG, June 9 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday.

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GLOBAL MARKETS

Asian shares fell on Tuesday for a second consecutive session as investors worried that a recent rally may be overdone, though oil prices extended gains ahead of data this week expected to show a fall in U.S. crude inventories.

For a story, please double click on [ID:nL9288156]

SOUTH AFRICAN MARKETS

South African stocks fell on Monday, dragged down by softer metals prices that knocked mining shares, while the rand recoiled on dollar strength and more central bank comments hinting at intervention.

For Monday's South African financial markets closing report, double click on [ID:nL81004806]

BHP BILLITON (BILJ.J)

Miner BHP Billiton Ltd (BHP.AX) (BLT.L) will not go ahead with the Haju trial coal mine in Indonesia because it does not fit with the company's long-term investment strategy, it said on Tuesday.

For story double click on [ID:nSYU006664]

ESKOM [ESCJ.UL]

South Africa's power supply is still vulnerable despite the country being in a recession and could worsen if state-owned utility Eskom [ESCJ.UL] fails to get a tariff increase to fund its expansion, Eskom said on Monday.

For story double click on [ID:nL81002332]

GOLD XAU=

Gold was mostly flat on Tuesday, trading around $950 after the dollar took a break from its rally, improving the precious metal's appeal as a currency hedge.

For the latest precious metals report, double click on [GOL/]

WALL STREET

U.S. stocks rebounded late on Monday to end flat, shrugging off lighter-than-expected sales from McDonald's (MCD.N) and lowered iPhone prices from Apple (AAPL.O). The three major U.S. stock indexes had fallen more than 1 percent before rallying in the last hour of trading, led by bank shares.

For the New York stock market report, double click on [.N]

EMERGING MARKETS

For the top emerging markets news, double click on [nTOPEMRG]

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

BUSINESS DAY

- Eskom needs 'mountain of cash' after R27 bln shortfall

- Global trends outweigh Bank influence on rand - analysts

- Mahindra considers plant in South Africa

BUSINESS REPORT

- Eskom's tariff hike request slammed by all comers

- Presidency plays coy on future of Mboweni

- Offshore cash flows back to South Africa

THE STAR

- Eskom price hike 'unlawful'

- Winter makes itself at home

(Reporting by Rebecca Harrison)