South African Markets - Factors to watch on Nov 6
JOHANNESBURG, Nov 6 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.
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DIARY
CAPE TOWN - Final day of 16th Africa Oil Week. Oil and gas industry executives, key African government officials, state and national oil companies to attend. (More details here )
PRETORIA - SARB releases October reserves data. 0600 GMT
ZIMBABWE
Zimbabwe's MDC has ended its boycott of the new unity government and will give President Robert Mugabe a month to fully implement their power-sharing deal, Prime Minister Morgan Tsvangirai said on Thursday.
The decision, at an extraordinary Southern African Development Community (SADC) meeting, ended the worst political crisis since the administration was formed in February. [ID:nL5226671]
GLOBAL MARKETS
Asian stocks rose ahead of the latest U.S. payrolls report on Friday, expected to show the fewest job losses since August 2008, while oil prices recovered after a sharp drop on high U.S. fuel inventories.
The Australian dollar edged further above $0.91 after the Reserve Bank of Australia sharply upgraded growth forecasts and said more gradual increases in interest rates will be required.
That contrasted with the Federal Reserve this week, which said rates will stay near zero for a long time, and the Bank of England on Thursday, which extended its emergency supply of funds. [ID:nSP181942]

