| Currencies | Rand holds gains below 14.5000, next objective 14.3000. |
| Commodities | Benchmark crude oil contracts rose overnight. |
| Equities | Global markets trend lower as global investors trim positions after the recent rally that took risk assets to an all-time high. |
| Economics | SA retail sales surged 6.9% m/m in February. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/14 | SA | Retail Sales | 2.3%/-1.8%/-3.7% | Increased demand as restrictions were eased. |
| 04/15 | US | Retail sales | –/5.5%/-3.0% | Sales expected to pick up after a further distribution of stimulus checks. |
| 04/16 | EZ | CPI | –/1.3%/0.9% | Driven by higher fuel prices. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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