Daily Market Commentary Flash Note| Nedbank CIB

Currencies	The rand is kicking off the month with a marginally improved bias, managing a sub-15,0000 close to the week; this morning, it remains in positive territory although off its best levels.
Commodities	Brent crude oil remains above USD79 per barrel; gold has dipped back below USD1 760 per ounce.
Equities	We expect a rather dull start to the week – all eyes on the US labour market later this week.
Economics	Global manufacturing PMI data.

Date	Region	Event	Actual/Expected/Prior	Implications
10/01	ALL	Manufacturing PMI	—	Globally, we saw manufacturing PMIs ease during September.
10/05	EZ	PPI	–/13,5%/12,1%	Producer prices are expected to accelerate by 1,3% m/m and 13,5% yoy.
10/06	EZ	Retail sales	–/0,4%/3.1%	Retail sales expected to grow by 0,9% m/m (0,4% yoy), after contracting by -2,3% m/m previously.
10/08	US	Unemployment rate	–/5.1%/5.2%	Unemployment expected to ease, driven by more people entering the job market after the pandemic unemployment benefit payments ended.