
Currencies | The rand posts decent gains as USD sellers prevail. |
Commodities | Brent crude oil has moved back above $68.50 per barrel; Gold and PGM’s have recovered. |
Equities | Commodities are stronger across the board after a strong set of export data from China, which has led to some risk-on action into the weekend. |
Economics | BOE Rate unchanged; Retail Sales in the Eurozone grew by 2.7% m/m in March. |

Date | Region | Event | Actual/Expected/Prior | Implications |
05/06 | EZ | Retail Sales | 12%/9.4%/-1.5% | On an annual basis, retail sales increased by 12%, compared to -1.5% previously. |
05/06 | UK | BOE Rate | 0.1%/0.1%/0.1% | Rates on hold. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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