Currencies

Rand recovers after significant sell-off yesterday.

Commodities

Gold’s scorching rally gathered more force, with prices driven higher into record territory above $2,000 an ounce.

Equities

Tumbling UST yields send global investors scrambling for growth, seeing the Nasdaq make fresh highs overnight.

 

DateRegionEventActual/Expected/PriorImplications
05/08EZRetail Sales–/0.2%/-5.1%Expected to increase 6% on a monthly basis.
06/08UKBOE 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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