| Currencies |
| Rand recovers previous session’s losses. |
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| Commodities |
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Oil is set for a third weekly gain on nascent signs of a demand recovery.
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| Equities |
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The disconnect between Tech valuations and the real economy extends overnight as the Nasdaq makes new highs while a surprise increase in jobless claims shows the US economy is battling to bounce back as quickly as the world would be hoping for.
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
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Global |
Manufacturing PMI |
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Improvements in PMI data expected due to easing of COVID-19 containment measures.
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
6CE37447-4C80-4941-8A42-827287EC66D8
Source: Nedbank
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