| Currencies |
| The rand remains rangebound. |
|
| Commodities |
|
Oil prices steady; Gold prices lingered below the key $1,900/ounce.
|
|
| Equities |
Asian stocks trended lower with the start of the US earnings season and no signs of a quick end to the stalemate over US fiscal stimulus. |
|
|
|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
|
|
|
|
|
Industrial Production |
–/0.7%/4.1% |
Regional readings point to a slowdown in industrial production in August. |
| 14/10 |
SA |
Retail Sales |
–/-7.0%/-9.0% |
Expected to decline by 7% YoY in August. |
|
|
|
PPI |
|
|
Producer prices continue to increase in September at the back of stronger price movements in food and construction materials, offset by low energy prices.
|
|
|
|
EZ |
|
–/-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
EB0BEE93-3A47-4F06-8F73-DE57C255451A
Source: Nedbank
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