Currencies

Rand dips and holds below 17.0000.

Commodities

Oil slipped but remained on track for a weekly gain.

Equities

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

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Source: Nedbank

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