| Currencies | The rand holds steady as CPI surprises on the down side. |
| Commodities | Brent crude oil was marking at a touch above $65. |
| Equities | Top40 +0.46% initially bobbing between gains and losses before the US came in with investors buying recovery names. |
| Economics | SA CPI rose to 3.2% y/y in March, from 2.9% in February. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/21 | SA | CPI | –/3.3%/2.9% | SA CPI rose to 3.2%y/y in March, from 2.9% previously, marginally below consensus of 3.3%. |
| 04/21 | UK | CPI | 0.7%/0.8%/0.4% | UK CPI rose to 0.7%y/y in March, from 0.4% previously, marginally below consensus of 0.8%. |
| 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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