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South African Markets - Factors to watch on November 3

By Reuters News

JOHANNESBURG, Nov 3 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Tuesday.


ECONOMIC EVENTS

South Africa investment conference

Weekly government bond auction


SOUTH AFRICAN MARKETS

The South African rand edged up on Monday as domestic manufacturing sentiment improved for a second month in October, while vehicle sales data pointed to resilient consumer demand.

On the Johannesburg Stock Exchange, the Top-40 index .JTOPI was up about 1%. .JZAR/


GLOBAL MARKETS

Stocks edged lower at the start of Asian trade on Tuesday and oil prices stabilised after the previous session's tumble, with investors on edge ahead of the start of voting for the US midterm elections.MKTS/GLOB


WALL STREET

The S&P 500 ended lower on Monday as oil prices tumbled on optimism about a potential US-Iran peace agreement, while Apple shares dipped ahead of the iPhone maker's quarterly report and investors awaited Tuesday's US midterm elections..N


GOLD

Gold prices ticked lower on Tuesday, after surging more than 2% in the previous session on a drop in oil prices that eased inflation concerns, while investors awaited the outcome of US midterm elections later in the day.GOL/


Some of the main stories out in the South African press:


BUSINESS DAY

- Moody's watches local polls for signals on SA's fiscal path


NEWS24

- Medical cannabis approvals pinched off in SA with no explanation

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