Daily Market Commentary Flash Note

Currencies	The rand again posted incremental gains over the course of the session to currently trade marginally below the 14,8000 level.
Commodities	Oil prices remain above USD80 per barrel.
Equities	US earnings season getting into the swing of things, with Bank of America Corp., Morgan Stanley and Citigroup Inc reporting today.
Economics	In the UK, GDP growth rose to 0,4% m/m in August and industrial production grew by 0,8% m/m. In the Eurozone, industrial production contracted by -1,6% m/m; SA retail sales rose by 4,9% m/m in August; US Consumer Price Inflation increased to 5,4% yoy.

Date	Region	Event	Actual/Expected/Prior	Implications
10/13	SA	Retail sales	-1,3%/2,0%/-1,2%	Retail sales contracted by 1,3%, from -1,2% yoy previously, worse than consensus estimates for a 2,2% yoy increase.
10/13	EZ	Industrial production	5,1%/4,7%/8,0%	Decline in industrial production in Germany.
10/13	UK	Monthly GDP	0,4%/0,5%/-0,1%	GDP growth rose to 0,4% m/m in August, after contracting by 0,1% in the previous month.
10/13	UK	Industrial production	3,7%/3,3%/4,4%	Production slowed to 3,7%, from an upwardly revised 4,4% yoy previously, ahead of consensus of 3,3%.
10/13	US	CPI	5,4%/5,3%/5,3%	Consumer Price Inflation increased to 5,4% yoy and 0,4% m/m in September.