| Currencies | The USD recovery sees the rand trade to 15.3500. |
| Commodities | Oil rallied toward $65 a barrel; Gold extended losses. |
| Equities | Rising UST yields continued to see growth assets sell off as rotation out of tech into energy and value persists. |
| Economics | Eurozone unemployment unchanged; Retail sales in Eurozone drops in January. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 03/04 | EZ | Unemployment rate | 8.1%/8.3%/8.1% | Eurozone unemployment remained unchanged at 8.1% in January, better than consensus of 8.3%. |
| 03/04 | EZ | Retail Sales | -6.4%/-1.2%/0.6% | Retail sales in the Eurozone dropped by 6.4% y/y in January. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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