|Currencies||The rand is again trading steadily firmer to currently straddle the 14,5000 level; the next short-term technical objective on the downside is towards the 14,3000 level.|
|Commodities||Brent crude oil falling back towards USD84,50 per barrel; gold remains above USD1 770 per ounce.|
|Equities||The next catalyst for a move will most likely be company updates with PIK kicking things off later today as well as DGH then CLS, AMS, SOL, KIO and AGL tomorrow.|
|10/20||SA||CPI YoY||–/5,0%/4,9%||CPI expected to grow 5% yoy due to higher food and fuel prices.|
|10/20||UK||CPI YoY||–/3,2%/3,2%||UK September yoy CPI expected to remain at similar levels as prior period.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.