| Currencies | Rand holds steady around the 16.50 level. |
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| Commodities | | Oil was steady near $41; Gold steady. |
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| Equities | A revived chance of a US stimulus deal before the November election does see risk assets bid this morning; Chinese GDP missed estimates but the underlying recovery is still intact. |
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| Date | Region | Event | Actual/Expected/Prior | Implications |
| UK | CPI | | CPI to accelerate to 0.6% in September at the back of government stimulus packages. |
| US | | | Jobless claims to come in at 865k, down from 898k in the prior week. |
| UK | Retail Sales | | Consumers remain cautious at the back of fears for a second wave of covid-19 infections and prospects for higher unemployment. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
160B0B7B-A3AF-4DE4-A3DF-24A739C2301B
Source: Nedbank
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