
Currencies | The rand stages a modest recovery from the previous session’s highs, although it remains vulnerable as the USD stages a broad-based recovery. |
Commodities | Brent crude oil is marking at USD82,25 per barrel; gold declined. |
Equities | Top40 +1,4%; activity on the JSE was actually quite robust in the am session despite the US holiday. |
Economics | SA mining production dropped by -3,4% yoy in September; manufacturing production eased to 1,3% yoy. |

Date | Region | Event | Actual/Expected/Prior | Implications |
11/10 | SA | Manufacturing production | 1,3%/-1,3%/1,9% | Manufacturing production eased to 1,3% yoy in September, from 1,9% yoy previously, beating consensus expectations of -1,3% yoy. |
11/11 | SA | Mining production | -3,6%/2,7%/0,7% | Mining production dropped by -3,4% yoy in September, down from 0,7% reported previously, worse than consensus of 2,7%. |
12/11 | EZ | Industrial production | –/4,1%/5,1% | Supply chain bottlenecks driving down vehicle manufacturing. |
Nedbank CIB Market Commentary | CIBMarketComm@Nedbank.co.za | +27 11 537 4091
Source: Nedbank
If you are looking for other relevant market commentary, you might find Markets and Research relevant as well.