|Currencies||The rand this morning is currently holding steady around the 14,2000 level, having traded strongly towards the 14,00 level over the course of last week.|
|Commodities||Benchmark crude oil prices are moving higher whilst Gold is better bid but remains below $1,800.|
|Equities||Chinese regulators take centre stage once more with the splitting up of Alipay, which sees Asian tech names on the back foot again.|
|09/14||US||CPI YoY||-/ 5.3%/ 5.4%||Expecting a continuation of elevated inflation pressure in the US.|
|09/16||US||Initial jobless claims||-/320k/310k||Low jobless claims signal that the delta variant has not prompted a wave of mass layoffs.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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