South African Markets -Factors to watch on September 28

By Reuters News

JOHANNESBURG, Sept 28 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Monday.


ECONOMIC EVENTS

Foreigners' trading in South African bonds and equities

Treasury bill auction


GLOBAL MARKETS

Share markets were mostly lower as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news. MKTS/GLOB

GOLD

Gold prices fell more than 2% as a rise in oil prices heightened inflation concerns and reinforced expectations of further Federal Reserve interest-rate hikes.GOL/



SOUTH AFRICAN MARKETS

The South African rand softened on Friday as markets digested the central bank's interest rate hike, while growing expectations that the Federal Reserve will keep interest rates elevated weighed on the risk-sensitive currency. .JZAR/



WALL STREET

Wall Street ended higher on Friday, lifted by Microsoft and other AI-related technology stocks, while high oil prices and a recent surge in US Treasury yields kept investors on edge. .N


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


BUSINESS DAY

- Visas and infrastructure hurdles on agenda at France-SA investment forum


NEWS24

- Burstone wraps 14 SA properties into new platform, with Nedbank as first investor

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