Daily Market Commentary Flash Note – 14 January 2021

CurrenciesRand holds steady as COVID-19-related measures continue to weigh on the economy.
Equities Corporate deals lift markets, offsetting the negative sentiment due to extended lockdowns in Europe.
15/01UKManufacturing production–/-4.8%/-7.1%Output weak, driven by lockdown restrictions and pandemic.
15/01USRetail sales–/0%/-1.1%Consumer spending limited by the pandemic and low confidence.

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

Source: Nedbank

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By | 2021-03-23T23:30:19+02:00 January 14th, 2021|Markets and Research|0 Comments

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