| Currencies | Local focus on the outcome of the SARB MPC today. |
| Commodities | Oil pared gains as OPEC tensions flared and New York closed schools. |
| Equities | Industrials – notable outperformers over the past five days, with cash being put to work in value names. |
| Economics | Retail activity rebounds in Q3. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 19/11 | SA | Reserve bank policy rate | –/3.5%/3.5% | Expected to remain unchanged at the back of a strong recovery in Q3. |
20/11 | UK | Retail Sales | –/-0.3%/1.5% | Expected to drop -0.3% in October. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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