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Currencies
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The rand recovers from its worst levels.
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Oil pushed higher; Gold fell for a third straight day as the dollar firmed.
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| Equities |
SA markets look to play catch-up as global equity markets rally. |
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
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UK |
GDP |
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Economy expected to have contracted by 20.7% in Q2 due to lockdown restrictions.
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| 12/08 |
EZ |
Industrial Production |
–10.0%/12.4% |
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Further improvements expected in June as COVID-19 containment measures were relaxed.
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| 12/08 |
US |
CPI |
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A YoY increase of 0.7% expected due to an increase in energy prices.
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| 12/08 |
SA |
Retail Sales |
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A month on month improvement of 11.9% expected.
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
614A514B-E2A8-4E1C-A0B5-A97D712E0E17 (1)
Source: Nedbank
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