Daily Market Commentary Flash Note – 13 August 2021

Currencies The foreign exchange markets continue to trade within limited ranges with little by way of impetus.
CommoditiesGold remains above $1,750 per ounce while there is little change to PGM’s.
EquitiesMost Asian shares are trading lower as the spread of the delta Covid-19 variant and China’s regulatory curbs restrained sentiment, despite another record high close on Wall Street.
EconomicsUS PPI came in unchanged at 1.0%m/m in July; UK Monthly GDP grew by 1.0% in June; UK Manufacturing production rose by 13.9% y/y in June.
12/08USPPI1.0%/0.6%/1.0%US PPI came in unchanged at 1.0%m/m in July.

Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091

Source: Nedbank

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By | 2021-08-13T10:00:52+02:00 August 13th, 2021|Markets and Research|0 Comments

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