|Currencies||The rand again extended its short-term gains, despite generally poorer risk trading; focus now shifts to the ECB and Fed speakers.|
|Commodities||Brent crude oil nearing USD73 per barrel; gold marking a touch below USD1 790 per ounce.|
|Equities||Given the move in Tencent down 6,70% this morning, the likes of NPNPRX should weigh on our market at the open.|
|09/09||EZ||ECB Main Refinancing Rate||–/0,0%/0,0%||No policy rate change expected, but announcements regarding asset purchases made under the PEPP will be closely watched.|
|09/10||UK||Monthly GDP||–/0,5%/1,0%||Higher infection rates weighing on consumption and labour supply.|
|09/10||US||PPI||–/0,6%/1,0%||Inflation driven by disruptions in the supply chain.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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