macroafricaintel Daily Brief | 29 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji, @macroafrica

Global Markets
• House approves higher relief checks, overrides Trump’s veto of defense bill
• Asia shares rise on US stimulus fix, Nikkei hits 30-yr high
• Oil rises on hopes US pandemic stimulus to spur fuel demand
• Brent up 0.5% at $51.09, WTI up 0.5% at $47.85 (0410GMT)
• Gold gains on softer dollar; US senate pandemic aid vote eyed
• Spot gold up 0.4% at $1,877.96/oz., futures down 0.1% at $1,879.40 (0314GMT)

Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
• Holiday week 2
• South Africa constitutional court rules on Zuma v Zondo
• South Africa ministers brief press on adjusted covid alert level 3 status
• Vote-counting continues in 27 Dec. Niger & CAR elections
• Covid-19 updates by authorities across the continent

Key African events or data releases yesterday & early a.m today
Reuters
• 3 France soldiers killed in Mali on Monday – Elysee
• Violence closed 800 polling stations in CAR
• Banks reopen in Ethiopia’s Mekelle for first time since war broke out
• South Africa bans alcohol sales, tightens curfew in new covid-19 restrictions
• Ethiopia police arrest Reuters cameraman
• Burkina Faso President Kabore vows reconciliation during 2nd term
• Ivory Coast rains augur well for cocoa mid-crop
• Niger votes in search of first democratic transition
• South Africa’s total covid-19 cases cross 1 million mark
• Sudan deploys troops in South Darfur after tribal violence – report

Bloomberg
• Virus resurgence spurs South Africa to ban alcohol sales
• South Africa to bolster curbs as new virus infections surge
• Burundi launches airline amid similar initiatives in east Africa
• Ethiopia detains Reuters journalist covering Tigray conflict
• Uganda ban on campaign rallies favors Museveni, opposition says
• South Africa stocks slide as China tech probe weighs on Naspers

N.B. Full stories of above headlines are available on Reuters & Bloomberg

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