Weekly Economic and Market Focus - 27 November 2020

The World Health Organization warns about the early relaxation of lockdown restrictions as coronavirus infections continue to surge globally

Key highlights

The World Health Organization warns about the early relaxation of lockdown restrictions as coronavirus infections continue to increase globally.
The minutes of the US Federal Reserve meeting held in November 2020 show that the bank is committed to using its full range of tools to support the US economy.
The IHS Markit UK Manufacturing PMI increases to 55.2 in November 2020 from 53.7 in October, beating the market estimate of 50.5.
South Africa’s RMB/BER business confidence index increases to 40 in Q4 2020 from 24 in Q3 2020, the highest reading since Q2 2018.
Global financial markets perform well over the week as optimism around the vaccine continues, while US President Donald Trump authorises the official transition to that of president-elect Joe Biden to begin.

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ENDS