| Currencies | The rand holds steady as Eskom disappoints again. |
| Commodities | Brent crude oil has moved back above $69 a barrel. |
| Equities | The crypto crash continues as speculation circulates about Tesla potentially dumping its Bitcoin on the open market. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 05/19 | SA | CPI | –/4.3%/3.2% | Inflation expected to pick up y/y due to lower base effects and higher fuel prices. |
| 05/19 | SA | Retail sales | –/2.4%/2.3% | Retail sales expected to accelerate to 2.4% in March from 2.3% previously. |
| 05/19 | UK | CPI | –/1.5%/0.7% | Due to lower base effects as well as increases in energy prices. |
| 05/20 | SA | SARB MPC | –/3.5%/3.5% | The repo rate is expected to remain unchanged. |
| 05/21 | UK | Retail Sales | –/36.8%/7.2% | Driven by a further reopening of the economy and increased household savings. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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