Rand posts gains and holds steady.

Commodities Oil prices dropped in early trade.

US earnings – 85% beat on earnings out of the 84 companies that have reported so far, with tech in vogue this week.


Date Region Event Actual/Expected/Prior Implications



Initial Jobless Claims


Jobless claims to come in at 865k, down from 898k in the prior week.


UK Retail Sales


Consumers remain cautious at the back of fears for a second wave of covid-19 infections and prospects for higher unemployment.

Nedbank CIB Market Commentary | | +27 11 537 4091


Source: Nedbank

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