JOHANNESBURG, July 12 (Reuters) - The following companyannouncements, economic events, debt and currency market movesmay affect South African markets on Friday.
ECONOMIC EVENTS
Inflation-linked bond auction
Treasury bill auction
COMPANIES
Steinhoff results
SOUTH AFRICAN MARKETS
South Africa's rand strengthened on Thursday after thechairman of the Federal Reserve set the stage for a U.S.interest rate cut later this month, weakening the dollar andboosting risk appetite worldwide.
GLOBAL MARKETS
Asian shares veered between small losses and gains on Fridayas investors awaited key China data, and as worries overSino-U.S. trade tensions countered optimism rooted inexpectations of a Federal Reserve rate cut this month.
WALL STREET
The Dow and S&P 500 rose on Thursday to close at recordhighs as health insurers gained after the Trump administrationscrapped a plan designed to rein in prescription drug prices,while financial shares climbed with bond yields.
GOLD
Gold prices rose on Friday and were on track to post aweekly gain, consolidating above $1,400 as renewed Sino-U.S.trade tensions and global growth jitters stoked safe-havendemand.
EMERGING MARKETS
For the top emerging markets news, double click on
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Some of the main stories out in the South African press:
BUSINESS DAY
- Police minister deploys army to crime-ridden Western Cape
- Government going ahead with state-owned bank, says Mboweni
(Compiled by Alexander Winning)