| Currencies | The rand powers ahead, now among the front runners in EM FX. |
| Commodities | Oil headed for its biggest weekly advance since March; Gold rose 1.85% to $1768.69/oz. |
| Equities | All rooms are sea facing, as all three major US indices reach all-time highs. Some profit-taking is expected into the weekend, as investors lock in some of the performance they have seen ytd. |
| Economics | US Retail sales and manufacturing production increased by 9.8% and 2.7% respectively in February. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/15 | US | Industrial production | 1.4%/2.5%/-2.6% | Industrial production increased by 1.4% m/m in March, from a revised -2.6% m/m previously. |
| 04/15 | US | Retail sales | 9.8%/5.8%/-2.7% | Retail sales increased by 9.8% m/m in March, from a revised 2.7% m/m decline in February. |
| 04/16 | EZ | CPI | –/1.3%/0.9% | Driven by higher fuel prices. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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