| Currencies |
|
Vaccine news supports emerging markets.
|
|
|
| Commodities |
|
Oil prices edged higher; Gold prices were little changed.
|
|
|
| Equities |
More positive news around a vaccine sent global stocks higher, with defensive sectors such as tech lagging. |
|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
|
|
|
|
UK |
CPI |
|
|
Inflation will be driven by increases in restaurant and hotel prices.
|
|
|
|
EZ |
CPI |
|
|
Inflation expected to continue on the weaker trend.
|
|
|
|
SA |
Reserve bank policy rate |
|
Expected to remain unchanged at the back of a strong recovery in Q3. |
|
|
UK |
Retail sales |
|
|
Expected to drop -0.3% in October.
|
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
FB229379-1863-4960-AB70-305E677FD248
Source: Nedbank
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