Daily Market Commentary Flash Note 5 June 2020

Currencies

Dollar weakens across most major currencies

Commodities

Oil was headed for a sixth weekly gain

Equities

Global tech makes room for some value bets as economies around the world move to open

 

Date Region Event Actual/Expected/Prior Implications
04/06 SA Electricity Production

-22.8%/–/-4.0%

Electricity production fell 22.8% on an annual basis

05/06 US Unemployment Rate –/19.6%/14.7%  May unemployment expected to edge up 20%

 

Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091

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Source: Nedbank

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By | 2020-06-22T10:03:35+02:00 June 5th, 2020|Markets and Research|0 Comments

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