Daily Market Commentary Flash Note – 8 October 2020

Currencies
The rand holds steady.
Commodities
Oil prices rose as oil workers evacuated rigs in the U.S. Gulf of Mexico.
Equities

Trump exploring restrictions on Jack Ma’sAnt Groupand Tencent. 

 

Date Region Event Actual/Expected/Prior Implications
10/09 UK GDP –/8.2%/-7.6% The economy is expected to grow by 4.6% on a monthly basis due to the reopening of some recreational activities and government stimulus in the hospitality sector.

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

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Source: Nedbank

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By | 2020-10-14T12:18:30+02:00 October 8th, 2020|Markets and Research|0 Comments

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