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Currencies
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Demand for dollars drives the rand above 17.0000.
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Oil edged lower near $40 a barrel.
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Equities
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Expect to see some local bottom fishing in the Banks which ended the day -4%.
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
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Global |
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Data to reveal whether the rebound in business activity has been sustained.
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| 04/08 |
EZ |
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June PPI expected to rise 0.6% on a monthly basis.
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| 05/08 |
EZ |
Retail Sales |
|
|
Expected to increase 0.2% on an annual basis.
|
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| 06/08 |
UK |
BOE Interest Rate |
|
Expected to remain unchanged.
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
1031BB30-9BD8-4DA3-B41B-1FCB1461F94C
Source: Nedbank
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