Daily Market commentary Flash Note

Currencies	The rand remains on the back foot although recovering from its worst levels.
Commodities	Brent oil rose to $65 a barrel; Gold steady.
Equities	Top40 -0.2%; European stocks fell after rallying earlier this week; The S&P 500 slipped less than 0.1% after giving up an early gain.
Economics	SA CPI surprises to the downside in Jan.

Date	Region	Event	Actual/Expected/Prior	Implications
17/02	SA	CPI	3.2%/3.3%/3.1%	Higher food prices and service costs.
17/02	SA	Retail Sales	-1.3%/-2.3%/-4.3%	Consumer confidence remains weak.
17/02	US	PPI	1.7%/0.9%/0.8%	Higher energy prices.
17/02	US	Retail Sales	5.3%/1.1%/-0.7%	As a result of restrictions being lifted on business activity.