Currencies

The rand holds steady, for now.

Commodities

Oil dropped ahead of an OPEC+ meeting this week.

Equities

Asia Pacific is taking its lead from the US, with all markets across the region trading higher.

 

DateRegionEventActual/Expected/PriorImplications
14/07EZIndustrial Production–/-19.5%/-28.0%Set to rebound in May at the back of easing lockdown restrictions.

15/07

UKCPI

–/0.5%/0.5%

Annual CPI likely to remain stable in June.

15/07

SACPI

–/2.2%/3.0%

Headline inflation expected to decelerate at the back of collapsing oil prices.

15/07

US

Unemployment Rate

–/4.3%/1.4%

Set to rebound to 4.3%.

16/07

UKECB Decision Rate–/4.2%/3.9%
No further stimulus expected.

16/07

EZUnemployment

–/12.4%/13.3%

An uptick in the employment rate is expected in the three months to May.

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

38602FAE-4E97-4E9B-B319-CA8364F16F4C

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