South African Markets - Factors to watch on November 13
JOHANNESBURG, Nov 13 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Friday.
ECONOMIC EVENTS
Inflation-linked bond auction
GLOBAL MARKETS
Stocks in Asia were on steadier footing on Friday after a turbulent week dominated by revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance.MKTS/GLOB
WALL STREET
US stocks closed lower on Thursday, as a drop in Nvidia shares after CEO Jensen Huang's exit outweighed gains in energy shares..N
GOLD
Gold rose on Friday as bargain hunting emerged after prices hit a more than one-year low in the previous session, while market focus shifted to upcoming US inflation data.GOL/
Some of the main stories out in the South African press:
BUSINESS DAY
- South Africa's Trade Minister targets R100bn illicit goods market with new system
- Citrus exports dip 4% under forecasts in 'unprofitable season'
NEWS24
- What we know about Anton Rupert Jr, the enigma tipped to lead the Richemont empire