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Africa Markets Face Key Watch-Points As Global Risk-Off Spreads
African markets under pressure as global risk-off, commodity dips and dollar strength weigh on local equities.
African equities may face headwinds today as global risk-off sentiment intensifies and external finance conditions tighten. According to a Reuters-partner update, weaker commodity prices, currency pressures and external debt repayments are key vulnerabilities. With Asian tech showing signs of fatigue and the dollar strengthening, African markets such as South Africa’s JSE and Kenya’s NSE may trade cautiously. Local inflation and policy-rate uncertainty will add to the regional caution, with investors advised to monitor offshore flows and fiscal buffers closely.