Daily Market Commentary Flash Note

Currencies	Rand recovery sees it trade back towards the lower end of its recent range.
Commodities	Oil climbed amid expectations that the OPEC+ will maintain its production curbs.
Equities	Asian markets are trading with a cautious bias and with indices a little mixed as investors assess the default risk from US hedge funds, rising COVID-19 cases in Europe and the lack of positive catalysts to spur the markets higher.

Date	Region	Event	Actual/Expected/Prior	Implications
30/03	US	Conference Board Consumer Confidence	–/96.8/91.3	Confidence expected to improve, as indicated by the University of Michigan Sentiment indicator.
30/03	JN	Unemployment Rate	2.9%/3.0%/2.9%	Unemployment remained unchanged at 2.9% in February, better than consensus which expected an increase to 3.0%.
30/03	JN	Retail Sales	-1.5%/-2.8%/-2.4%	Retail sales increased by 3.1% m/m in February.
31/03	SA	Trade Balance	–/18.8b/11.8b	Driven by growth in exports and low import growth given current domestic economic conditions.