Daily Market Commentary Flash Note – 23 October 2020

Rand remains resilient.

Oil headed for a slight weekly; Gold prices dipped.


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


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


Source: Nedbank

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

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