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Currencies
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Oil edged lower; Gold little unchanged.
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Equities
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The Nasdaq closed at record highs, inspiring Asian markets this morning. |
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
| 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. |
| 23/06 |
UK |
Manufacturing PMI |
|
|
Rise in PMI expected due to easing of lockdown restrictions.
|
|
| 24/06 |
SA |
CPI |
–/3.0%/4.1% |
Expected to drop to 3% |
| 24/06 |
SA |
Supplementary Budget |
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Finance Minister to deliver special adjustment budget outlining further plans by government to tackle COVID-19.
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| 25/06 |
SA |
PPI |
|
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Expected to drop to 1.9%.
|
|
| 25/06 |
US |
GDP |
|
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Minor revisions expected.
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
610F0BDF-77CE-43B2-9A3C-DADA04BC6188
Source: Nedbank
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