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Currencies
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Local lockdown measures eased.
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Oil edged higher above $42 a barrel; Gold dropped for a second day as investors weighed the uptick in real yields.
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| Equities |
Asian markets start the week mixed as the PBoC’s injection of USD100bn of liquidity into the Chinese financial system balanced investor concern of increased tensions with the US. |
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
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JN |
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-7,80%/-7,50%/-0,6% |
GDP came in lower than market expected. |
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JN |
Industrial Production YoY |
-18,20%/-/-17,70% |
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Production levels lower than prior as a result of lockdown impacts on production.
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
DA95CBE4-8490-4F2D-9401-76DA0F6B04B0
Source: Nedbank
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