|Currencies||The rand managed to post modest gains yesterday, but it again failed to consolidate these and this morning, it currently trades largely unchanged from yesterday.|
|Commodities||Brent crude oil is nearing USD83 per barrel.|
|Equities||Top40 +2,1%; European stocks had their biggest gain in more than two months; US stocks climbed on Thursday as optimism grew that Congress would extend the US debt ceiling; Asian stocks rose for a second day as China’s market reopened higher to trade +1%.|
|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 end.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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