Daily Market Commentary Flash Note – 25 November 2020

CurrenciesMarkets receive welcome boost as uncertainty dissipates.
CommoditiesOil kept rising after closing at an eight-month high; Gold and silver prices continued to drift lower.
EquitiesDow Average hits 30,000, S&P 500 reaches all-time high.
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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By | 2020-12-07T08:55:19+02:00 November 25th, 2020|Markets and Research|0 Comments

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