| 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. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 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
Source: Nedbank
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