Currencies The rand finds support as US data disappoints.
CommoditiesBrent crude oil now back below $71 per barrel; Gold has remained below $1,900 per ounce.
EquitiesMost Asian stocks slip lower as investors await more clues on whether the recovery from the pandemic will stoke price pressures and imperil loose monetary policy.
06/08SAGDP–/-3.0%/-4.1%GDP expected to contract by -3%y/y in 1Q21.
06/09SASACCI Business Confidence–/–/94.0Business confidence for May expected to improve given strong global demand and sales as well as recovering local demand.
06/10SACurrent Account Balance–/183b/198bCurrent account expected to maintain a surplus.
06/10SAManufacturing Production–/88.5%/4.6%Driven by a lower base last year, given the lockdown restrictions. On a monthly basis manufacturing production is expected to rise by 0.5%.

Nedbank CIB Market Commentary | | +27 11 537 4091

Source: Nedbank

If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.