South African Markets - Factors to watch on Nov 5
JOHANNESBURG, Nov 5 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.
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DIARY
CAPE TOWN - 16th Africa Oil Week. Oil and gas industry executives, key African government officials, state and national oil companies to attend. (To Nov. 6. More details here)
JOHANNESBURG - Reuters October Econometer survey. 0930 GMT
ZIMBABWE
Regional leaders hold a summit in Mozambique on Thursday hoping to prevent the collapse of Zimbabwe's unity government, threatened by the most severe political standoff since it was formed in February. [ID:nL4111962]
GLOBAL MARKETS
Asian shares dipped on Thursday, and the dollar fell after the U.S. Federal Reserve vowed to keep rates near zero for "an extended period" and said the recovery of the world's biggest economy would be sluggish.
The Fed's pledge to stick to a very loose monetary policy [ID:nN04453484] was expected and gave investors little new to trade on, although its cautious economic outlook prompted light profit taking. [ID:nSP187080]
SOUTH AFRICAN MARKETS
South Africa's rand and stocks firmed on Wednesday, buoyed by stronger metal prices and rising risk appetite in global markets. Continued...




