African Markets - Factors to watch on June 3

- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday.

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GLOBAL MARKETS

Oil prices rose for a third day running on Wednesday and the dollar was on the brink of breaking above 160 yen as fresh hostilities flared in the Gulf after U.S.-Iran peace talks stalled.nL1N42B01TMKTS/GLOB


WORLD OIL PRICES

Oil prices climbed more than 1% in early trade on Wednesday as hostilities in the Middle East erupted anew with Iran firing missiles at Kuwait and Bahrain, while diplomatic talks between Iran and the United States showed little progress.nL6N42B018O/R


EMERGING MARKETS

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AFRICA STOCKS

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SOUTH AFRICA MARKETS

The South African rand gained in early trade on Tuesday, boosted by higher gold prices, as investors awaited clarity on the status of U.S.-Iran peace talks amid conflicting news.nL8N42A0CW


KENYA - U.S. HEALTH

A Kenyan court blocked on Tuesday for another three weeks a proposed U.S. Ebola quarantine facility that has triggered protests in which two people were killed, and ordered the government to disclose its agreement with Washington.nL6N42A0CR


DEMOCRATIC REPUBLIC OF CONGO SECURITY

The United States on Tuesday imposed sanctions on commanders of armed groups it accused of driving the conflict in eastern Democratic Republic of Congo, where fighting has continued despite mediation efforts by Washington.nL6N42A145


DEMOCRATIC REPUBLIC OF CONGO HEALTH - EBOLA

The number of confirmed Ebola cases in Democratic Republic of Congo has increased to 344, including 60 deaths, government data showed on Tuesday.nS8N3U702K


UGANDA HEALTH - EBOLA

Uganda has confirmed six more new cases of Ebola, bringing the total confirmed in the country so far to 15, the health ministry said on Tuesday, as the U.N. migration agency warned that border closures may increase the risk of the virus spreading.nL6N42A0UK


WEST AFRICA OIL PRICES

West African crude oil differentials were steady on Tuesday after some initial Angolan July cargo offers surfaced at the start of the week, as traders await a fresh round of Asian purchase tenders.

nL6N42A0YJ

MALI SECURITY

Eight people were killed and 42 were injured in Mali after a passenger bus carrying civilians hit a land mine west of the capital Bamako, a transport union official said on Tuesday.nL6N42A0Q7


ZIMBABWE POLITICS

Zimbabwe's government introduced a bill to parliament on Tuesday that would extend President Emmerson Mnangagwa's term by two years to 2030, despite criticism from a fractured opposition and some veterans of the country's liberation war.nL8N42A0JU




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((Compiled by Nairobi Newsroom))

((Email: nairobi.newsroom@thomsonreuters.com))