
Currencies
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Rand holds steady as local infection rates increase.
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Oil kept falling after just its second weekly drop since April. |
Equities
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NPN reports; US markets closed on Friday with jobs numbers due Thursday. |
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Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
30/06 |
SA |
GDP |
|
Expected to contract by 4% on a quarterly basis driven by weak demand and electricity supply shortages. |
30/06 |
EZ |
CPI |
|
Core inflation expected to drop from 0.9% previously to 0.8%.
|
|
30/06 |
UK |
GDP |
|
GDP expected to remain at -1.6%.
|
|
01/07 |
SA |
Manufacturing PMI |
–/49.8/50.2 |
Expected to decrease to 49.8.
|
|
02/07 |
US |
Unemployment |
|
June unemployment rate expected to improve to 12.4%.
|
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
C7395FF2-3133-4004-BCBB-8DDDE8DEB352
Source: Nedbank
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