Daily Market Commentary Flash Note – 28 January 2021

CurrenciesGlobally stronger USD as currency markets divert from risk.
Commodities Oil edged lower in Asia; Gold fell.
EquitiesAsian markets tumble, tracking their US counterparts, as US tech names disappoint on earnings.
DateRegionEventActual/Expected/PriorImplications
27/01USFOMC interest-rate policy0.25%/0.25%/0.25%No change in line with consensus.

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

Source: Nedbank

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By | 2021-03-23T23:10:42+02:00 January 28th, 2021|Markets and Research|0 Comments

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