| 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. |
| Date | Region | Event | Actual/Expected/Prior | Implications |
| 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
Source: Nedbank
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