Australia
Australia’s consumer confidence climbed above 100 as the RBA’s tightening cycle ended, lifting AUDUSD=X and retail equities such as ASX:WOW, while easing bond yields signaled growing belief in a soft landing and sustainable disinflation.
Australia
The ASX 200 (AS51) held near 7,050 as AUDUSD=X traded around 0.66, showing investor rotation into resources amid tighter fiscal settings and the RBA’s steady policy stance as domestic consumption and retail sectors weaken.
Ethiopia
Ethiopia, as AU chair, pushed at the G20-Africa dialogue for reform of global finance, aiming at concessional access and better debt terms for African issuers. The move reflects a structural shift from passive borrowing to active rule-making.
Côte d’Ivoire
Côte d’Ivoire (IVORY Coast, MSCI) expects 6.3% GDP growth in 2025, supported by tight fiscal control narrowing the deficit to 3.0% of GDP. Governance moves aim to compress the sovereign Eurobond spread and reinforce its regional credit anchor role.
Tanzania
Tanzania is tapping an intra-EAC trade boom (USD 38.2 bn in Q2) as its national investment board kicks off, lifting integration potential. Fixed income investors should monitor sovereign yields and FDI as markers of execution.
Uganda
Uganda’s central bank kept its policy rate at 9.75% as inflation hovers ~6.7% and MTN Uganda reports profit recovery. Investors should watch 10-year yields and private sector credit growth to assess sustained momentum.
Burkina Faso
Bank of Africa Burkina Faso’s Q3 profit fell 28% y/y as credit growth stagnates amid ~1.2% GDP growth and ≈11% inflation, flagging regional banking stress. Fixed-income investors should monitor NPL ratios and share prices in West African banks.
Morocco
Morocco is shifting from investment recipient to regional investor, aiming outward FDI of ~2% of GDP and boosting intra-African trade. Global institutions should watch outward FDI growth and sovereign spread compression for signals of success.
Tunisia
Tunisia plans to tap up to US$3.7 billion from its central bank in 2026 amid weak external funding and ~80% public debt/GDP, raising risks for inflation, currency, and credit. Investors should track bank credit growth (>4% target) and dinar depreciation (>5% risk).
Italy
iShares V Italy Government Bond ETF releases NAV amid 10-year BTP yields ~4.2%. Investors and fixed-income managers monitor flows and spreads for tactical positioning.
France
France engages in EU budget negotiations with GDP growth ~1.1% y/y. Investors and sovereign debt holders track fiscal outcomes affecting public investment and market confidence.
Germany
Germany prepares for CPI release with GDP growth ~0.9% y/y. Investors and sovereign bond holders watch inflation outcomes and Bund yields for euro-area market positioning.