
Currencies
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Rand loses ground as the economy falters.
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Gold is set for the biggest monthly gain in more than four years.
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Equities
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Disappointing earnings reports, poor economic data and a potential delay in the US presidential elections drag markets lower.
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Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
31/07 |
EZ |
GDP |
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Expected that the economy will contract by 12% at the back of covid-19 containment measures.
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
4C780D8A-D262-4191-9906-E7E5640FAA23
Source: Nedbank
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