Currencies

Emerging markets retreat across the board.

Commodities

Oil declined after the biggest gain in two weeks.

Equities

Positive momentum persists in global equity markets.

 

Date Region Event Actual/Expected/Prior Implications
04/08 EZ PPI

–/-3.8%/-5.0%

June PPI expected to rise 0.6% on a monthly basis.
05/08 EZ Retail Sales

–/0.2%/-5.1%

Expected to increase 0.2% on an annual basis.
06/08 UK BOE Interest Rate –/0.1%/0.1% Expected to remain unchanged.

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

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Source: Nedbank

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