CurrenciesAll eyes on the SARB MPC today.
Commodities Benchmark crude oil prices rose yesterday and overnight.
EquitiesJALSH -0.1%; The market traded with a weaker bias across the session, but losses on the day were muted.
EconomicsSA CPI surprises to the downside in Feb due to sharply lower services inflation.
24/03SACPI2.9%/3.1%/3.2%SA CPI slowed to 2.9% y/y in February.
24/03UKCPI0.4%/0.8%/0.7%The decline in inflation was driven by a 1.5% drop in clothing and footwear prices.
25/03SASARB Interest Rates–/3.5%/3.5%Rates expected to be on hold.

Nedbank CIB Market Commentary | | +27 11 537 4091

Source: Nedbank

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