|Currencies||Little reaction from the rand as rates left unchanged.|
|Commodities||Oil trimmed a third weekly gain; Gold dropped.|
|Equities||Fears of new lockdown restrictions due to an increase in COVID-19 cases globally weigh on markets.|
|19/11||SA||Reserve bank policy rate|
Repo rate left unchanged at 3.5% in line with consensus.
Expected to drop -0.3% in October.
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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