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Sub-Saharan Africa to stay on recovery path, rate cuts on the horizon Friday, 19 Jul 2019

JOHANNESBURG (Reuters) - Sub-Saharan Africa will stay on its recovery path next year provided heavyweight economies punch better, a Reuters poll found, but it will still grow below potential for a part of the world with a growing population.  Full Article

 
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Nigeria's central bank tries to force banks to lend, not buy bills Friday, 19 Jul 2019 

LAGOS (Reuters) - Nigeria's central bank barred banks from buying bills for their own accounts at an open market auction held on Thursday, a move intended to force them to lend rather than invest in government debt, traders said on Friday.  Full Article  

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South Africa's rand retreats as Fed pendulum swings back to soft cuts Friday, 19 Jul 2019 

JOHANNESBURG (Reuters) - South Africa's rand weakened on Friday, giving back some of the big gains from the previous session as expectations of an aggressive interest rate cut by the Federal Reserve cooled, prompting investors to pocket end-of-week profits.  Full Article  

 
Symbol Last Net Change
GOLD CON1 JPY  4,936.00 JPY  -53.00
SILVER CON1 JPY  55.60 JPY  -0.70
PLATINUM CON1 JPY  2,957.00 JPY  -13.00
PALLADIUM CON1 JPY  5,400.00 JPY  0.00
Symbol Last Net Change
ICE Brent Crude c1 USD  62.47 USD  0.00
GAS OIL APR8 USD  576.00 USD  0.00
LIGHT CRUDE CON1 USD  55.74 USD  0.44
NATURAL GAS CON1 USD  2.25 USD  -0.03
Symbol Last Net Change
COFFEE C CON1 USC  107.10 USC  -1.50
COCOA CON1 USD  2,473.00 USD  33.00
SUGAR 11 CON1 USC  11.58 USC  0.03
UK £ USD =1.2498
Euro USD =1.1220
Rand USD =0.0717
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