Rand holds below 17.0000


Oil prices lower, reversing gains in the previous session; Gold steadied


Equity markets extended gains as optimism about a quick economic recovery strengthened


Date Region Event Actual/Expected/Prior Implications
04/06 EZ Retail Sales


Expected to contract by 15% on a monthly basis

04/06 SA Electricity Production  –/–/-4.1% Electricity expected to show negative growth on an annual basis
05/06 US Unemployment Rate –/19.6%/14.7% May unemployment expected to edge up 20%


Nedbank CIB Market Commentary | | +27 11 537 4091


Source: Nedbank

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