
Currencies
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Oil kept falling after its first weekly drop since late April; Gold steady.
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Equities
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Fears of a second wave of COVID-19 infections are outweighing better economic data out of China.
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Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
12/06 |
EZ |
|
-28.0%/-28.8%/-13.5% |
Sharp drop to -28%, due to strict lockdown measures to contain the spread of the coronavirus. |
12/06 |
UK |
GDP |
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Dropped by -10.4% on a quarterly basis due to lockdown restrictions imposed |
12/06 |
UK |
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Industrial production slowed to -28.5%, worse than consensus of -19.3%
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12/06 |
UK |
|
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Slowed by -28.5%, worse than consensus of -19.9%
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
85557321-D7FC-4A23-BE4E-E48C25652A9C
Source: Nedbank
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