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Currencies
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Local FX markets hold steady.
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Gold prices higher; Oil held gains.
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| Equities |
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Equity markets edged higher as investors digested company earnings and economic data.
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
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UK |
GDP |
|
|
GDP contracted 20.4% in Q2.
|
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|
| 12/08 |
EZ |
Industrial Production |
9.1%/10.0%/12.3% |
Output increased by 9.1%. |
| 12/08 |
US |
CPI |
1.0%/0.7%/0.6% |
Due to increased auto and apparel costs. |
| 12/08 |
SA |
Retail Sales |
|
|
Sales fell by 7.5%, worse than consensus for a 5% decline.
|
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
072235C5-6029-431D-8C74-FFB44E258B3A
Source: Nedbank
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