| Currencies |
|
Volatile currency markets as US presidential election is closer than expected.
|
|
| Commodities |
|
Oil dropped in Asian trading; Gold steadied to trade above $1,900 an ounce.
|
|
| Equities |
|
Rand hedges caught a bid despite a weaker rand.
|
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|
|
| Date |
Region |
Event |
Actual/Expected/Prior |
Implications |
|
|
|
|
|
|
|
UK |
BOE Bank Rate |
–/0.1%/0.1% |
Probability for a cut due to the weak economic outlook. |
|
|
|
Retail Sales |
|
|
Retail sales are expected to drop by 1.5% on a monthly basis in September.
|
|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
9C880FDA-1B70-405D-B1CB-6C65861BF9A7
Source: Nedbank
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