South African Markets-Factors to watch on July 8

JOHANNESBURG, July 8 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Tuesday.

ECONOMIC EVENTS

Weekly government bond auction

SOUTH AFRICAN MARKETS

South Africa's rand fell on Monday as markets reacted to U.S. President Donald Trump's threat to impose additional tariffs on BRICS-aligned countries, while also awaiting updates on country-specific levies ahead of Washington's looming July 9 deadline.

The Johannesburg Stock Exchange's Top-40 index .JTOPI was last down 0.1%. .JZAR/

GLOBAL MARKETS

Stock markets in Asia took in stride the latest twist in U.S. President Donald Trump's tariff roll-out on Tuesday, as the dollar held onto gains and oil retreated. MKTS/GLOB

WALL STREET

Wall Street's major indexes closed sharply lower on Monday, after U.S. President Donald Trump announced hefty tariffs against Japan, South Korea and other trading partners while Tesla shares sank after CEO Elon Musk said he was forming a new U.S. political party. .N

GOLD

Gold prices were little changed on Tuesday, caught between safe-haven demand following U.S. President Donald Trump's new tariff proposals for Japan, South Korea and others, and rising Treasury yields that capped any upside momentum. 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

- Trump slaps 30% tariff on SA exports, warns of steeper duties ahead

- Pressure mounts on police minister to account for alleged links to criminals

NEWS24

- Court grounds Mango Airlines sale over 'invalid' business rescue plan