Daily Market Commentary Flash Note – 23 October 2020

Currencies
Rand remains resilient.
Commodities

Oil headed for a slight weekly; Gold prices dipped.

Equities

The JSE and European markets end lower, while the US and Asian markets trade firmer on the prospect of more fiscal stimulus.

 

Date Region Event Actual/Expected/Prior Implications

23/10

UK Retail Sales

–/3.7%/2.8%

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

B8DE20A4-ADF4-4A34-9E7C-72D13E258B91

Source: Nedbank

If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.

For more info, get in touch with us here

By | 2020-10-23T08:39:35+02:00 October 23rd, 2020|Markets and Research|0 Comments

Leave A Comment