| Currencies |
|
Uncertainty reigns in the markets.
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| Commodities |
|
Gold steadied; WTI oil rose more than 2%.
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| Equities |
|
US futures bounce as Biden takes an early lead; expect increased volatility today as traders react wildly to election outcome headlines.
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| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
International Trade Balance |
–/-$63.9/-$67.1 |
|
Rebound in exports and a slight drop in imports.
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|
|
UK |
BOE Bank Rate |
–/0.1%/0.1% |
Probability for a cut due to the weak economic outlook. |
|
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Retail Sales |
|
|
Retail sales are expected to drop by 1.5% on a monthly basis in September.
|
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Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
8A065EE8-AB46-48B8-BA36-3FB1BA5DFBCF
Source: Nedbank
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