
Currencies | The rand holds steady again around the 14.2000 level. |
Commodities | Brent crude oil marking at $75,75 per barrel. |
Equities | Asian stocks rose Friday after US shares hit a record high on the USD579bn bipartisan US infrastructure deal. |
Economics | SA PPI rose to 7.4% y/y in May; The BOE kept its bank rate unchanged at 0.1%. |

Date | Region | Event | Actual/Expected/Prior | Implications |
06/24 | SA | PPI | –/7.4%/6.7% | The key upward driver of producer input costs were prices of coke, petroleum and chemical products. |
06/24 | UK | BOE Rate | –/0.1%/0.1% | The BOE kept its bank rate unchanged at 0.1%. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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