| Currencies |
USDZAR stages significant recovery. |
| Commodities |
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Oil traded near $43 a barrel; Gold climbed for a second day.
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| Equities |
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Global markets trade higher as risk-on sentiment improves with economies around the globe bouncing back from their lockdowns.
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| 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. |
|
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EZ |
CPI |
–/0.2%/0.4% |
|
Lower inflation expected at the back of lower clothing prices in August.
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UK |
House Prices |
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Increase in market activity expected at the back of easing lockdown restrictions and cuts in property taxes.
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
07967869-AD98-4C3D-9C2A-685403D8B41E
Source: Nedbank
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