
Currencies |
The rand savours a bullish risk environment. |
Commodities |
Spot gold was down 4.8%; Oil surged about 8% on Monday. |
Equities |
Global markets trade higher on Pfizer’s COVID-19 vaccine, despite the US Senate signalling a smaller-than-expected stimulus package.
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Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
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|
|
|
SA |
|
|
Expected to drop by 7.7% y/y. |
|
US |
CPI |
|
Expected to increase by 1.3% y/y at the back of lower gasoline retail prices.
|
|
|
UK |
GDP |
|
Economy is expected to grow by 15.7% in Q3. |
|
EZ |
Industrial production |
|
Industrial production expected to increase by 0.7% driven by a rebound in Germany.
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|
SA |
Unemployment |
|
Unemployment expected to rise to 31% in Q3. |
|
US |
PPI |
|
Deceleration expected in October due to depressed service prices.
|
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
5EF8DDBD-C125-425A-A76B-41AF617E1A8E
Source: Nedbank
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