Currencies

Rand holds steady around the 17.30 mark.

Commodities

Oil was steady near a five-month high.
Equities

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

1.3%/-0.2%/-5.1%

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

63CD894B-E32F-436B-8229-D774CFB5E35E

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