| Currencies | The foreign exchange markets continue to trade within limited ranges with little by way of impetus. |
| Commodities | Gold remains above $1,750 per ounce while there is little change to PGM’s. |
| Equities | Most Asian shares are trading lower as the spread of the delta Covid-19 variant and China’s regulatory curbs restrained sentiment, despite another record high close on Wall Street. |
| Economics | US PPI came in unchanged at 1.0%m/m in July; UK Monthly GDP grew by 1.0% in June; UK Manufacturing production rose by 13.9% y/y in June. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 12/08 | US | PPI | 1.0%/0.6%/1.0% | US PPI came in unchanged at 1.0%m/m in July. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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