Daily Market Commentary Flash Note – 3 March 2021

CurrenciesThe rand claws back some of its recent losses to trade sub-15.0000.
Commodities Oil rebounded; Gold steady.
EquitiesAsian markets have shrugged off the tech sell-off overnight in the US and are trading positively across the broader market.
EconomicsPreliminary CPI came in unchanged at 0.9% in February, in line with consensus.
DateRegionEventActual/Expected/PriorImplications
02/03EZCPI0.9%/0.9%/0.9%Preliminary CPI came in unchanged at 0.9% in February, in line with consensus.

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

Source: Nedbank

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By | 2021-03-23T23:07:55+02:00 March 3rd, 2021|Markets and Research|0 Comments

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