South African Markets - Factors to watch on June 10

JOHANNESBURG, June 10 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.

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GLOBAL MARKETS

Commodity-related shares led Asian stocks higher on Wednesday, snapping a two-day decline, after metals and oil prices rallied on a decline in the U.S. dollar and as hopes grew for stronger Chinese industrial demand.

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

SOUTH AFRICAN MARKETS

South Africa's rand firmed against the dollar on Tuesday after the central bank announced the appointment of a new deputy govenor and as the dollar fell against other major currencies.

Local stocks rebounded, with the JSE Top-40 index .JTOPI of blue chips gaining 0.44 percent to 20,812.10 points, while the wider All-share index rose 0.44 percent at 23,049.43 points.

For Tuesday's South African financial markets closing report, double click on [ID:nL91010365]

BHP BILLITON (BILJ.J)

Miner BHP Billiton Ltd/Plc (BHP.AX)(BLT.L) has accepted a 58 percent cut in metallurgical coal prices for the current shipping year with key global customers, the company said on Wednesday.

For story double click on [ID:nSYU006668]