
Currencies
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Rand falters as second wave of coronavirus strikes.
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Oil snapped a two-day gain; Gold steady. |
Equities
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Global Investors are struggling to focus their attention on any single major theme being a 2nd wave of shutdowns, massive amounts of stimulus, zero visibility of earnings or renewed geopolitical tension with US/India and China. |
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Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
17/06 |
EZ |
CPI |
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Declines expected at the back of low energy prices. |
17/06 |
UK |
CPI |
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Expected to fall to 0.6% in May at the back of low fuel prices.
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18/06 |
UK |
BOE Rate |
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Expect policy rate to remain unchanged. |
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
9C4B2461-4F1F-4021-A8E2-B0EC7A8DAB46
Source: Nedbank
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