Sustainable solutions for enduring success

Our team of experts brings you leading insights and commentary to ensure business sustainability and growth.
Nedbank Corporate and Investment Banking is a division of Nedbank Ltd.

Daily Market Commentary Flash Note – 7 July 2020

Currencies The rand remains cautious; holds around the 17.00 pivot. Commodities Oil held below $41 amid rising coronavirus infections Equities An upbeat report from China lifted global markets.    Date Region Event Actual/Expected/Prior Implications 07/07 SA Consumer Confidence --/-12/-9 Consumer confidence expected to drop even further to -12, reflecting the effects of the covid-19 pandemic. [...]

By | 2020-07-07T09:54:50+02:00 July 7th, 2020|Markets and Research|0 Comments

Daily Market Commentary Flash Note – 6 July 2020

Currencies Rand recovers over the weekend, currently trading at 16.9500. Commodities Gold climbed as investors sought haven assets amid the rise in coronavirus cases. Equities Nigeria devalued the naira by 5.3%, which would normally see MTN/SHP sell off, but seems priced in.    Date Region Event Actual/Expected/Prior Implications 07/07 SA Consumer Confidence --/-12/-9 Consumer confidence [...]

By | 2020-07-06T10:06:48+02:00 July 6th, 2020|Markets and Research|0 Comments

Daily Market Commentary Flash Note – 3 July

Currencies Rand dips and holds below 17.0000. Commodities Oil slipped but remained on track for a weekly gain. Equities Encouraging global economic data and hopes of a COVID-19 vaccine boost market sentiment.   Date Region Event Actual/Expected/Prior Implications 02/07 US Unemployment 11.1%/12.5%/13.3% June unemployment rate 11.1% better than expectations for 12.5%. Nedbank CIB Market Commentary [...]

By | 2020-07-03T10:19:17+02:00 July 3rd, 2020|Markets and Research|0 Comments

Daily Market Commentary Flash Note – 2 July 2020

Currencies The rand stages a minor recovery towards the 17.0000 level. Commodities Gold held a decline after positive coronavirus vaccine developments. Equities All eyes are on the US monthly jobs report.   Date Region Event Actual/Expected/Prior Implications 01/07 SA Manufacturing PMI 53.9/49.8/50.2 June PMI rises to 53.9. 02/07 US Unemployment --/12.4%/13.3% June unemployment rate expected [...]

By | 2020-07-02T13:16:08+02:00 July 2nd, 2020|Markets and Research|0 Comments

Nedbank CIB Graduate Programme helps young achievers to change their futures and change the world

The days of learning a specific skill and then making a lifetime career out of it are long gone. As are the days of corporate ladders being the only means to achieve the heights of success. Today's working world requires talented individuals who can adapt to fast-changing environments. It needs innovators, thinkers, creators and collaborators [...]

By | 2020-07-02T12:22:27+02:00 July 2nd, 2020|Investment Banking|0 Comments