|Currencies||The rand holds steady as the levels of unrest and looting subside, currently trading at 14.5500.|
|Commodities||Benchmark crude oil prices continued to retreat from the highs seen earlier in the week; Gold was little changed.|
|Equities||Top40 closed -0.5% as the market drifted lower as various corporates released updates on losses incurred from this week’s unrest.|
|Economics||US Empire Manufacturing rose to 43.0 in July, from 17.4 previously, Industrial production rose by 0.4% m/m in June; Chinese GDP grew by 7.9%y/y in 2Q21.|
|15/07||US||Empire Manufacturing||43.0/18.0/17.4||US Empire Manufacturing rose to 43.0 in July, from 17.4 previously, better than consensus of 18 points.|
|15/07||US||Industrial production||0.4%/0.6%/0.7%||US Industrial production rose by 0.4% m/m in June, down from 0.7% m/m in May.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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