|Currencies||The rand holds steady around the 14.5000 level.|
|Commodities||Benchmark crude oil contracts moved higher; Gold ticked higher.|
|Equities||US futures are +0.8% from our close and commodities ex-iron ore are all higher o/n, which should see the sector lead from the open given the recent weakness; We are calling our market +0.75% at the open.|
|05/04||UK||Markit Manufacturing PMI||60.9/60.7/60.7||Driven by new sales orders and lifting of lockdown restrictions.|
|05/04||US||Trade Balance||-$74.4b/-$74.4b/-$70.5b||Imports increased by 6.3% to $274.5b, compared to a 6.6% increase in exports to $200b.|
|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
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