Fixed Income | SAGB yield curve bear steepens as month-end flows into the back end soften, front end yields marginally lower |
Currencies | SA goes into level 3 of lockdown |
Commodities | Oil steadied after a fifth weekly gain; Gold increased |
Equities | Keep an eye on PRX, which missed accelerated inclusion in the STOXX 50 |
Economics | SAGB yield curve bear steepens as month-end flows into the back end soften, front end yields marginally lower |
| Date | Region | Event | Actual/Expected/Prior | Implications | |
| 04/06 | SA |
| – –/–/-4.1% | Electricity expected to show negative growth on an annual basis | |
| 05/06 | US | Unemployment rate | –/19.6%/14.7% | May unemployment expected to edge up 20% | |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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Source: Nedbank
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