CurrenciesRand falters as Covid-19 infections increase.
CommoditiesOil advanced toward $47 a barrel before the rollout of the first Covid-19 vaccine in the U.S..
EquitiesGlobal markets are mostly higher as vaccine rollouts and an extension in Brexit negotiations keep risk-on sentiment into the year end.

BER consumer confidence


Confidence us expected to recover marginally in Q4.
15/12CHVariousRetail sales, industrial production and investment would have likely risen in November.
15/12USIndustrial production–/0.3%/1.1%Production growth could slow after post-lockdown surge.
16/12USRetail Sales–/-0.3%/0.3%Spending eases during second wave of pandemic.
16/12USFOMC rate decision–/0.25%/0.25%Fed expected to announce more stimulus measures to support the economy during the pandemic.
17/12UKBOE rate decision–/0.10%/0.10%BOE expected to leave rates unchanged.

Nedbank CIB Market Commentary | | +27 11 537 4091

Source: Nedbank

If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.

For more info, get in touch with us here