Daily Market Commentary Flash Note – 16 September 2020

Currencies

USDZAR trades steadily firmer.

Commodities

Oil prices rose; Gold steadied as investors await the outcome of the Federal Reserve meeting.

Equities

Global stocks consolidate into a busy latter half of the week with the FED tonight, SARB and Futures closeout tomorrow and both US Quadruple witching and FTSE rebalance on Friday.

 

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

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Source: Nedbank

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By | 2020-09-16T09:19:00+02:00 September 16th, 2020|Markets and Research|0 Comments

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