| Currencies | The rand holds steady over the most recent sessions at around the 14,6500 level. |
| Commodities | Brent crude oil remains comfortably above R1,200 per barrel. Gold has moved back above $1,770 per ounce. |
| Equities | Top40 -0,4%; European stocks retreated after their best weekly gain since March; The S&P rose for a fourth session; Asian equities advanced. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 10/18 | USA | Sep Industrial production MoM | -1.3% /0.2% /0.4% | Industrial production fell 1.3% far weaker than consensus estimates mainly due to hurricane Ida which is estimated to have subtracted 0.6% from total industrial production. |
| 10/20 | SA | CPI YoY | /5.0%/4.9% | CPI is expected to grow 5% YoY for the September period. Signalling a likely interest rate hike in November. |
| 10/20 | UK | CPI YoY | /3.2%/3.2% | United Kingdom September YoY CPI expected to remain at similar levels as prior period. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
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