| Currencies | The rand trades steadily weaker as demand for USD provides a base. |
| Commodities | Benchmark crude oil contracts have lost ground. |
| Equities | Global markets are in a holding pattern as volumes dry up into the heart of the US corporate earnings season. |
| Economics | SARB’s leading index marginally higher in February. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/20 | UK | ILO Unemployment rate | 4.9%/5.0%/5.0% | Unemployment dropped to 4.9% in February, from 5% previously. |
| 04/21 | SA | CPI | –/3.3%/2.9% | On the back of higher fuel prices. |
| 04/21 | UK | CPI | –/0.8%/0.4% | Higher fuel prices. |
| 04/22 | EZ | ECB Main refinancing rate | –/0.0%/0.0% | Rates expected to be on hold. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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