macroafricaintel Daily Brief | 1 Jan

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

Global Markets
• World rings in 2021 and says good riddance to 2020
• Wall street closes out wild pandemic year with Dow, S&P at records
• Bitcoin touches record above $29,000, extending 2020 rally
• Brent settled at $51.80, down 21.5% end-2020
• WTI settled at $48.52, down 20.5% end-2020
• Gold ends volatile 2020 with strong gains; silver outperforms

Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
• New year; presidents speak/send messages to their nations
• AfCFTA start of trading launch ceremony; Ramaphosa, Faki, et al. speakers
• Vote-counting & results collation 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
• World risks ‘moral catastrophe’ if covid shots delayed in Africa, its CDC chief says
• Sudan declares full control of border territory settled by Ethiopians
• Twenty die in Algeria road accident
• Dutch charity says employee killed in Ethiopia’s Tigray region
• Niger ruling party’s Bazoum extends lead in presidential election
• UK & Ghana to miss Brexit trade deadline, but deal close – source
• South Africa reports record daily covid-19 cases of nearly 18,000
• South Africa to get firm date on delivery of vaccine by early January, experts say

Bloomberg
• Mali former prime minister faces charges over alleged coup plan
• Nigeria stocks index ends year as world-best with 50% gain
• Nigeria weakens the naira to record low in year-end trade
• Amid surge in violence in Congo, UN experts see no terrorist link
• Zambia inflation quickens for fourth straight month in December
• South Africa stocks set to finish year with gain of more than 4%
• South Africa reports record daily covid infections of 17,710

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

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