
Currencies |
Market focus now shifting to SARB MPC.
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Commodities |
Oil rose for a fourth day; Base metals broadly inch higher. |
Equities |
Global markets paused the big rotation out of lockdown winners into value as coronavirus fears resurfaced. |
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Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
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US |
CPI |
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Expected to increase by 1.3% y/y at the back of lower gasoline retail prices.
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UK |
GDP |
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Economy is expected to grow by 15.7% in Q3. |
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EZ |
Industrial production |
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Industrial production expected to increase by 0.7% driven by a rebound in Germany.
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SA |
Unemployment |
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Unemployment expected to rise to 31% in Q3. |
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US |
PPI |
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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
170355E5-0C4D-412A-A7C7-6A37228157C2
Source: Nedbank
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