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Currencies
|
|
|
|
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Oil held near a four-month high.
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|
|
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Equities
|
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Global equity markets rise on USD1tn US relief package.
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
|
|
|
|
US |
|
–/94.4/98.1 |
|
July consumer confidence expected to soften.
|
|
|
|
SA |
|
|
|
Headline inflation forecast to remain below SARB lowest target band of 3%.
|
|
| 30/07 |
US |
|
|
|
Economy expected to have slowed by 35%, attributed to slowing consumer spending and low trade levels.
|
|
|
| 31/07 |
EZ |
GDP |
–/-12.0%/-3.6% |
|
Expected that the economy will contract by 12% at the back of covid-19 containment measures.
|
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
AC6607DF-5A03-4A20-A2A6-902F58EA14F9
Source: Nedbank
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