SA GDP

Corporate and Investment Banking Webinar: Property Finance Economic Overview

By | 2020-09-14T15:27:29+02:00 September 14th, 2020|Investment Banking|

During a recent economic overview webinar, Gary Garrett, Managing Executive of Property Finance: Nedbank Corporate and Investment Banking (CIB), was joined by Anél Bosman, Managing Executive of Nedbank CIB, and Nicky Weimar, Nedbank Group Chief Economist, to gain renewed insights into the immediate liquidity requirements of the clients of Nedbank CIB, and the trends that [...]

Daily Market Commentary Flash Note – 9 September 2020

By | 2020-09-09T08:22:45+02:00 September 9th, 2020|Markets and Research|

Currencies Emerging markets on the back foot. Commodities Oil extended losses after its biggest one-day drop in more than two months. Equities Calling -0.5% at the open with a negative bias as investors question whether the move in the US is the start of the bubble bursting.   Date Region Event Actual/Expected/Prior Implications 08/09 SA [...]

Daily Market Commentary Flash Note – 1 July 2020

By | 2020-07-01T09:57:33+02:00 July 1st, 2020|Markets and Research|

Currencies Rand trades marginally weaker going into half-year. Commodities Oil rose after its best quarter in almost three decades; Gold edged higher. Equities A strong finish in the US, closing out its best quarter since 1998.   Date Region Event Actual/Expected/Prior Implications 30/06 SA GDP -0.1%/-0.9%/-0.5% Q1 GDP sinks 2% on a quarterly basis. 01/07 [...]

Daily Market Commentary Flash Note – 30 June 2020

By | 2020-06-30T09:35:31+02:00 June 30th, 2020|Markets and Research|

Currencies Local unit holds steady as we head into half-year. Commodities Oil edged lower in Asia after jumping the most in almost two weeks on Monday. Equities Global equity markets rise despite a surge in coronavirus cases over the weekend.   Date Region Event Actual/Expected/Prior Implications 30/06 SA GDP --/-0.8%/-0.5% Expected to contract by 4% [...]

Daily Market Commentary Flash Note – 29 June 2020

By | 2020-06-29T10:33:36+02:00 June 29th, 2020|Markets and Research|

Currencies Rand holds steady as local infection rates increase. Commodities Oil kept falling after just its second weekly drop since April. Equities NPN reports; US markets closed on Friday with jobs numbers due Thursday.   Date Region Event Actual/Expected/Prior Implications 30/06 SA GDP --/-0.8%/-0.5% Expected to contract by 4% on a quarterly basis driven by [...]

Daily Market Commentary Flash Note – 25 June 2020

By | 2020-06-25T10:31:27+02:00 June 25th, 2020|Markets and Research|

Currencies Rand falters after budget adjustment speech. Commodities Oil prices inched up in early trading. Equities Global trade concerns and new COVID-19 cases weighed on investor sentiment. Date Region Event Actual/Expected/Prior Implications 24/06 SA CPI 3.0%/3.0%/4.1% Rate dropped to 3.0% in April from 4.1% in March. 25/06 SA PPI --/1.9%/3.3% Expected to drop to 1.9%. [...]