
Currencies | Rand holds steady. |
Commodities | Oil swung between gains and losses near $64 a barrel; gold steady. |
Equities | JALSH +0.3%. Our market managed to gain slightly, albeit driven in part by NP. |
Economics | SA real GDP growth finalised at -7% for 2020. |

Date | Region | Event | Actual/Expected/Prior | Implications |
09/03 | SA | GDP | -4.1/-4.6%/-6.0% | SA real GDP growth finalised at -7% for 2020. |
10/03 | CH | CPI | –/-0.3%/-0.3% | CPI remains in deflation driven by a further decline in pork prices. |
11/03 | EZ | ECB Main refinancing rate | –/0.0%/0.0% | Rates expected to be on hold. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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