CurrenciesThe rand holds steady despite rating cuts.
CommoditiesOil extended gains after closing at the highest level since August.
EquitiesVaccine optimism, a Biden victory and a market-friendly Janet Yellen have driven global stocks higher as investors continue to rotate into value plays.
DateRegionEventActual/Expected/PriorImplications



25/11


SA

CPI

–/3.0%/3.0%
Headline inflation expected to remain at 3.0%.

25/11

US


GDP

–/33.1%/33.1%

Second print to show a rebound in economic activity.

Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091

Source: Nedbank

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