Oil edged lower; Gold little unchanged.
|The Nasdaq closed at record highs, inspiring Asian markets this morning.|
|23/06||SA||Unemployment||Unemployment rate expected to have increased to 29.7%.|
|23/06||EZ||Manufacturing PMI||Readings expected to pick up following easing of containment measures by government.|
Rise in PMI expected due to easing of lockdown restrictions.
|24/06||SA||CPI||–/3.0%/4.1%||Expected to drop to 3%|
Finance Minister to deliver special adjustment budget outlining further plans by government to tackle COVID-19.
Expected to drop to 1.9%.
Minor revisions expected.
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.
For more info, get in touch with us here