| Currencies | Rand making gains sub the 15.0000 level. |
| Commodities | Oil extended gains from the highest level in more than a year. |
| Equities | US tech stocks lead markets higher as Alphabet and Amazon reported better-than-estimated revenue numbers. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 02/02 | EZ | GDP | -5.1%/-5.3%/-4.3% | Economy contracted due to covid-19 restrictions imposed ahead of the festive holiday season. |
| 04/02 | UK | BOE Bank Rate | –/0.1%/0.1% | No change expected. |
| 05/02 | US | Unemployment | –/6.7%/6.7% | Unemployment forecast at 6.7%. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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