Daily Market Commentary Flash Note – 19 March 2021

CurrenciesThe rand holds steady as demand underpins the price.
Commodities Oil headed for its biggest weekly drop.
EquitiesTop40 +0.39% as the platinum names led the charge; plat index +3.11% helped by the palladium move +5%.
DateRegionEventActual/Expected/PriorImplications
18/03UKBank of England Rae0.1%/0.1%/0.1%Rate was kept unchanged, in line with consensus.
18/03USLeading index0.2%/0.3%/0.5%The leading index increased 0.2% in February.

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

Source: Nedbank

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By | 2021-03-23T23:31:20+02:00 March 19th, 2021|Markets and Research|0 Comments

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