| Currencies | The rand consolidates in thin trade. |
| Commodities | Benchmark crude oil contracts are little changed. |
| Equities | The JSE and Europe end firmer, with the STOXX Europe 600 closing at record highs, while the US edged lower following the recent rally. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/07 | SA | SACCI Business Confidence | –/94.0/94.5 | Confidence expected to drop given the recent bouts of load shedding. |
| 04/07 | US | Trade balance | –/-$70.5b/-$68.2b | Trade deficit expected to widen in February. |
| 04/08 | SA | Manufacturing Production | –/-0.3%/-3.4% | Expected to contract on an annual basis as indicated by the manufacturing PMI. |
| 04/09 | US | PPI | –/2.7%/2.2% | March producer prices expected to increase by 2.7% on an annual basis. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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