| Currencies | The rand manages a minor recovery in quiet markets. |
| Commodities | Benchmark crude oil prices are little changed; Gold has fallen back below $1,790 per ounce. |
| Equities | Top40 closed -0.5%, trading subdued with London being closed. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 05/03 | SA | Absa Manufacturing PMI | –/–/57.4 | SA’s manufacturing PMI fell to 56.2 points in April, from 57.4 in March. |
| 05/06 | US | Markit US Manufacturing PMI | 60.5/60.7/60.6 | PMI rose to 60.5 in April, from 59.1 in March. |
| 05/06 | UK | BOE Rate | –/0.1%/0.1% | Rate expected to be on hold. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.
Leave A Comment