| Currencies |
USDZAR stages significant recovery. |
| Commodities |
|
Oil traded near $43 a barrel; Gold climbed for a second day.
|
|
|
| Equities |
|
Global markets trade higher as risk-on sentiment improves with economies around the globe bouncing back from their lockdowns.
|
|
|
|
|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
SA |
Trade Balance |
–/12.5b/46.6b |
Another surplus expected at the back of healthy trade terms and import demand. |
|
|
EZ |
CPI |
–/0.2%/0.4% |
|
Lower inflation expected at the back of lower clothing prices in August.
|
|
|
|
UK |
House Prices |
|
|
Increase in market activity expected at the back of easing lockdown restrictions and cuts in property taxes.
|
|
|
|
|
|
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
07967869-AD98-4C3D-9C2A-685403D8B41E
Source: Nedbank
If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.
For more info, get in touch with us here
