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