
Currencies | The rand holds steady below the 14,5000 level, although these levels are likely to prove attractive to USD buyers initially. |
Commodities | Benchmark crude oil prices mixed; Gold moving towards $1,790 per ounce. |
Equities | Top40 +0,26%; European equities pulled ahead on Wednesday; The S&P 500 meandered upwards for a sixth session; Asian stocks were mixed. |
Economics | SA consumer price inflation rose to 5% yoy in September; UK CPI eased to 3,1% yoy. |

Date | Region | Event | Actual/Expected/Prior | Implications |
10/20 | SA | CPI YoY | 5,0%/5,0%/4,9% | Inflation rose to 5,0% in September. |
10/20 | UK | CPI YoY | 3,1%/3,2%/3,2% | Inflation eased to 3,1% yoy. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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