|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%.|
|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
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