| Currencies |
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The rand trades marginally on the back foot.
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|
| Commodities |
Oil steadied after falling the most in more than a week. |
| Equities |
| Tech giants took US markets to a six-week high, but Asia is more cautious this morning ahead of the big US bank earnings. Hong Kong has yet to open on the severe storm warnings. |
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|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
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|
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Unemployment |
|
|
Unemployment is expected to increase to 4.3%.
|
|
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|
EZ |
Industrial Production |
–/0.7%/4.1% |
|
Regional readings point to a slowdown in industrial production in August.
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Retail Sales |
|
|
Expected to decline by 7% YoY in August.
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|
US |
|
–/0.2%/0.3% |
Producer prices continue to increase in September at the back of stronger price movements in food and construction materials, offset by low energy prices. |
|
|
|
|
–/-0.3%/-0.3% |
Lower price inflation for non-energy industrial goods, linked to delayed summer sales causing distortions in clothing prices and lower services inflation |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
AC09EFBE-67A0-4465-AF45-70721C63D678
Source: Nedbank
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