|Currencies||The rand continues to hold steady around the 14.6000 level with little real trading activity to drive it in either direction.|
|Commodities||Benchmark crude oil contracts have retreated whilst gold remained above $1,810 per ounce.|
|Equities||Asian markets have started the week on the front foot as concerns over China’s regulatory crackdown eased and progress on a US infrastructure spending plan aided sentiment.|
|02/08||SA||Absa Manufacturing PMI||-/ 54/ 57.4||Absa PMI expected to come in slightly lower than previous month.|
|02/08||SA||Naamsa vehicle sales YoY||-/10,5%/20.2%||Vehicle sales expected to grow 10.5% from prior year.|
|02/08||USA||ISM Employment||-/ 51.4/ 49.9||USA employment data expected to come in at 51.4.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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