Currencies | The rand holds steady, for now. |
| 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. |
|
| |
| |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 14/07 | EZ | Industrial Production | –/-19.5%/-28.0% | Set to rebound in May at the back of easing lockdown restrictions. |
| UK | CPI | | Annual CPI likely to remain stable in June. |
|
| SA | CPI | | Headline inflation expected to decelerate at the back of collapsing oil prices. |
|
| US | | –/4.3%/1.4% | |
| UK | ECB Decision Rate | –/4.2%/3.9% | | No further stimulus expected. |
|
| EZ | Unemployment | | 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
