| Currencies |
| The rand continues to mark time. |
|
| Commodities |
|
Oil prices fell on Wednesday after a bigger-than-expected build in U.S. crude stockpiles.
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|
|
| Equities |
Global markets pause the rotation out of lockdown winners into beaten-up financials and industrials as attention returns to the spike in coronavirus cases. |
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| 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
3AB8DB6B-1A70-42E7-B440-9073EBA4D56E
Source: Nedbank
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