|
Currencies
|
|
All eyes on the adjustment budget.
|
|
|
|
|
Oil edged lower; Gold futures climbed for a fourth session
|
|
|
Equities
|
|
Global markets trade mostly higher, with improving economic data boosting sentiment.
|
|
|
|
|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
| 23/06 |
SA |
Unemployment |
30.1%/29.7%/29.1% |
Unemployment rate increased to 30.1%. |
| 23/06 |
EZ |
Manufacturing PMI |
|
PMI readings picked up to 46.9 ahead of consensus of 45.0. |
| 23/06 |
UK |
Manufacturing PMI |
50.1/45.0/40.7 |
|
Increased to 50.1 ahead of consensus for 45.0.
|
|
| 24/06 |
SA |
CPI |
–/3.0%/4.1% |
Expected to drop to 3%. |
| 24/06 |
SA |
Supplementary Budget |
|
|
Finance Minister to deliver special adjustment budget outlining further plans by government to tackle COVID-19.
|
|
| 25/06 |
SA |
PPI |
|
|
Expected to drop to 1.9%.
|
|
| 25/06 |
US |
GDP |
|
|
Minor revisions expected.
|
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
87428A03-223B-4DB8-943A-6D3199B124F3
Source: Nedbank
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
Leave A Comment