|Currencies||The rand finds some support to trade back towards the 14.30 level.|
|Commodities||Brent crude oil remains above $69 per barrel.|
|Equities||Asian markets return from holidays, and growth over value persists.|
|05/05||US||ADP Employment Change||742k/850k/565k||Employment improved due to more relaxed Covid-19 related restrictions and successful roll out of vaccinations. Employment in the hospitality and leisure industry added the most jobs, rising by 237k.|
|05/05||US||Markit Services PMI||64.7/63.1/63.1||Services PMI improved to 64.7 points, driven by the reopening of the economy as more people are vaccinated.|
|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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