|Currencies||Ratings agency downgrades halt the rand’s progress.|
|Commodities||Oil held gains near the highest level since early September; Gold steady.|
|Equities||In the spotlight today, NRP and TBS closing levels to determine Top40 inclusion or exclusion.|
Monetary union’s economy contracted in November at the back of stricter COVID-19 containment measures.
Survey is expected to drop to 40.0, impacted by the partial lockdown which was imposed in England.
Headline inflation expected to remain at 3.0%.
Second print to show a rebound in economic activity.
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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