| Currencies | The rand is on the back foot after the SARB MPC meeting; any strength is likely to be met with USD buying interest. |
| Commodities | Brent crude oil moving back towards USD82 per barrel. |
| Equities | Top40 -0,28%; European stocks declined; The S&P 500 Index rebounded from Wednesday’s dip; Asian stocks fell for a third day. |
| Economics | SARB hikes repo rate to 3,75%. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 11/18 | SA | SARB MPC | 3,75%/3,75%/3,5% | SARB hiked interest rates by 25 bps. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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