Daily Market Commentary Flash Note 18 June 2020


The Rand continues to hold steady.


Oil dropped for a second day; Gold steady.


Equity markets were buoyed by US retail sales data overnight that shifted focus away from second-wave COVID-19 infections.


Date Region Event Actual/Expected/Prior Implications
17/06 EZ CPI


CPI fell to 0.1% from 0.3% previously on an annual basis.

17/06 UK CPI


Fell to 0.5% in May.

18/06 UK BOE Rate


Expect policy rate to remain unchanged.

Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091


Source: Nedbank

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By | 2020-06-22T09:47:00+02:00 June 18th, 2020|Markets and Research|0 Comments

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