
Currencies | The rand ends the quarter on the front foot. |
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Commodities | Oil prices were little changed; Gold steady. |
Equities | US markets returned +8.5% for the quarter as the much-awaited next stimulus package gained some traction in Congress; no read-through from Asian markets, as most are off for holidays. |
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Date | Region | Event | Actual/Expected/Prior | Implications |
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| SA | CPI | | Consumer prices increased by 3.1% in August. |
| UK | GDP | | Q2 GDP fell 19.8% due to covid-19 lockdown measures imposed. |
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| EZ | CPI | | Cut in Germany’s VAT rate and low fuel prices. |
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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Source: Nedbank
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