| Currencies | The rand holds steady around the 14.3000 level. |
| Commodities | Benchmark crude oil contracts have ticked higher. |
| Equities | Joe Biden’s intention to raise wealthy Americans’ capital-gains taxes has halted the rally in the nation’s stock market, and could see broad-based profit taking before the bill even makes it through Senate. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/22 | US | Leading Index | 1.3%/1.0%/-0.1% | Leading index rose 1.3% to 111.6 points. |
| 04/22 | EZ | ECB Main refinancing rate | 0.0%/0.0%/0.0% | Main refinancing rate unchanged. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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