| Currencies |
|
Rand loses ground as the MTBPS disappoints.
|
|
|
| Commodities |
| Oil held near a four-week low; Gold little changed. |
|
| Equities |
|
US equity futures slide as concerns about rising coronavirus cases put a dampener on growth as vaccine trials stall.
|
|
|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
|
|
|
|
SA |
CPI |
|
|
Headline inflation slowed to 3% in line with consensus.
|
|
| 29/10 |
EZ |
ECM Main Refinancing Rate |
–/0.0%/0.0% |
To remain unchanged as covid-19 infections continue to increase. |
| 30/10 |
EZ |
GDP |
–/9.8%/-11.8% |
Strong rebound in Q3 as strict covid-19 containment measures were lifted. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
016B1380-8C1E-4177-A329-8352FD68DA6A
Source: Nedbank
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