
Currencies | Focus today on US data. |
Commodities | Oil rose for a fifth day; Gold held near a nine-week low. |
Equities | Global markets extend their rally as earnings and US economic data surprise to the upside, which sees risk-on sentiment into the weekend. |

Date | Region | Event | Actual/Expected/Prior | Implications |
04/02 | EZ | Retail Sales | 0.6%/1.2%/-2.2% | Up 0.6% lower than consensus for 1.2%. |
04/02 | UK | BOE Bank Rate | 0.1%/0.1%/0.1% | Unchanged in line with consensus. |
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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