South African Markets - Factors to watch on Jan 27

JOHANNESBURG, Jan 27 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Monday.

ECONOMIC EVENTS

Foreigners' trading in South African bonds and equities

South African Treasury bill auction

SOUTH AFRICAN MARKETS

South Africa's rand strengthened against a weaker dollar on Friday after U.S. President Donald Trump demanded lower interest rates from the Federal Reserve, with eyes also on the South African Reserve Bank's (SARB) rate decision next week.

On the Johannesburg Stock Exchange, the blue-chip Top-40 .JTOPI index last traded up more than 0.8%. .JZAR/

GLOBAL MARKETS

U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free, open-source artificial intelligence model to rival OpenAI's ChatGPT. MKTS/GLOB

WALL STREET

Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting. .N

GOLD

Gold prices dipped on Monday pressured by a firmer U.S. dollar, while investors focussed on the Federal Reserve's first meeting of 2025 for more guidance on the U.S. interest rate path.GOL/

EMERGING MARKETS

For the top emerging markets news, double click on nTOPEMRG

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

BUSINESS DAY

- Nersa likely to soften Eskom tariffs blow

- Transnet forges ahead with fixing ports and rail

FIN 24

- Shareholder launches winding-up bid for Iqbal Survé-linked AYO