| Currencies | The rand fails to consolidate gains below the 14.50 level again. |
| Commodities | Benchmark crude oil prices were little changed; Gold remained above $1,750 per ounce. |
| Equities | China PPI soured the mood this morning, despite the US making new highs last night after Powell’s comments reassured investors there was no need to worry about rising inflation. |
| Economics | SA Manufacturing output disappoints in February. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 04/08 | SA | Manufacturing Production | -2.1%/-0.3%/-4.2% | Driven by contractions in petroleum and chemicals production, as well as basic iron and steel, and furniture. |
| 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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