|
Currencies
|
|
All eyes on the SARB MPC today.
|
|
|
|
|
|
Oil stabilised near $42 a barrel.
|
|
|
Equities
|
|
Risk sentiment diminished as the daily COVID-19 infection rate continues to increase and the US shut down the Chinese consulate in Houston.
|
|
|
|
|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
|
|
|
|
SA |
|
–/3.50%/3.75% |
|
Expectations that the Reserve Bank will cut interest rates by 25bps at the back of slowing inflation and growth.
|
|
|
|
EZ |
|
|
|
Further expansions expected amid recoveries in activity.
|
|
| 24/07 |
UK |
|
|
|
Further increases in retail sales expected due to non-essential trade opening in June.
|
|
|
|
|
|
|
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
CEC121FE-A3A7-4088-9DC9-2611E2215C05
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
Leave A Comment