Currencies

Trump comments provide support for emerging markets.
Commodities Oil is poised for the biggest weekly gain since June.
Equities Global equities are edging back toward last month’s all-time high as investors are increasingly betting that a Joe Biden victory in the election and gains by Democrats in Congress will support stocks.

 

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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