South African Markets - Factors to watch on November 2

JOHANNESBURG, Nov 2 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Monday.

ECONOMIC EVENTS

October local manufacturing purchasing managers index

October vehicle sales data

Treasury bill auction

Foreigners' trading in South African bonds and equities

GLOBAL MARKETS

Share markets steadied in Asia on Monday as investors hoped for Apple earnings later in the day to provide some relief from AI cash-burn worries, while oil prices eased after talks continued between Iranian and Qatari mediators.MKTS/GLOB

WALL STREET

US stocks tumbled on Friday, with the Nasdaq suffering its largest one-day percentage drop since June 5 following disappointing quarterly results from Intel and Amazon, which amplified growing worries surrounding AI-related companies' massive spending on the nascent technology..N

GOLD

Gold prices ticked up in early Asian trading on Monday but hovered near a one-year low, as persistent inflation concerns reinforced expectations that the Federal Reserve could raise interest rates later this year, weighing on bullion's appeal.GOL/

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

NEWS24

- Finance minister to step into running Joburg after election if failure persists