|Currencies||Market focus today will be on the outcome of the FOMC meeting after the time of the local close.|
|Commodities||Benchmark crude oil prices retreated; gold is also in negative territory.|
|Equities||Top40 closed +0,46%, tracking global markets higher ahead of tonight’s Fed meeting.|
|11/02||SA||Absa Manufacturing PMMI||53,6/55,8/54,7||SA manufacturing PMI fell to 53,6 points in October, from 54,7 in September, worse than consensus estimates of 55,8.|
|11/02||US||FOMC rate decision||–/0,0%/0,0%||No changes in policy rates expected, but commentary around tapering will be closely watched.|
|11/04||UK||BOE rate||–/0,1%/0,1%||Policy rates expected to be on hold.|
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
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