Daily Market Commentary Flash Note – 6 August 2020


Rand holds steady around the 17.30 mark.


Oil was steady near a five-month high.


Equity markets were buoyed by company earnings, while mining and energy firms benefited from higher commodity prices.


Date Region Event Actual/Expected/Prior Implications
05/08 EZ Retail Sales


Retail Sales increased by 5.7% on a monthly 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


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

By | 2020-08-06T09:41:32+02:00 August 6th, 2020|Markets and Research|0 Comments

Leave A Comment