Daily Market Commentary Flash Note – 3 July


Rand dips and holds below 17.0000.


Oil slipped but remained on track for a weekly gain.


Encouraging global economic data and hopes of a COVID-19 vaccine boost market sentiment.


Date Region Event Actual/Expected/Prior Implications
02/07 US Unemployment 11.1%/12.5%/13.3% June unemployment rate 11.1% better than expectations for 12.5%.

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


Source: Nedbank

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By | 2020-07-03T10:19:17+02:00 July 3rd, 2020|Markets and Research|0 Comments

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