Daily Market Commentary Flash Note – 25 August 2020

Currencies
Rand posts gains sub-17.0000 in quiet markets.
Equities Global equity markets rise on COVID-19-related optimism

 

Date Region Event Actual/Expected/Prior Implications

26/08

SA CPI YoY

-/ 2,95% / 2,20%

CPI expected to rise on the back of increased economic activity as a result of lock down restrictions easing.

26/08

US Durable Goods Orders -/ 4,5% / 7,6%

Durable goods represent a leading indicator of investment spending in the economy.

27/08

SA PPI YoY

-/ 1,3%/ 0,5%

PPI likely to rise on increasing fuel costs.

Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091

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Source: Nedbank

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By | 2020-08-25T10:25:24+02:00 August 25th, 2020|Markets and Research|0 Comments

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