Daily Market Commentary Flash Note – 4 February 2021

CurrenciesRand holds steady.
Commodities Oil rose for a fourth day; Precious metals slid.
EquitiesTop40 closed +0.42% on lighter volumes; The S&P 500 climbed for a third day.
DateRegionEventActual/Expected/PriorImplications
04/02UKBOE Bank Rate–/0.1%/0.1%No change expected.
05/02USUnemployment–/6.7%/6.7%Unemployment forecast at 6.7%.

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

Source: Nedbank

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By | 2021-03-23T23:21:08+02:00 February 4th, 2021|Markets and Research|0 Comments

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