CD South Africa: Another big week ahead

We're in for another volatile week, with data flooding in both locally and from abroad. The rand has now ominously broken 14/$ three times in the past few weeks, each time forming "higher highs" and "higher lows", a sure sign of a weakening trend.

Highlights for the week ahead include: SA's trade balance (we're keeping our eyes peeled for signs of a positive trend), Eurozone CPI, UK GDP and US Federal Reserve Chair Janet Yellen speaking on Wednesday.

Thursday sees the release of Chinese, SA, EU and US manufacturing data, and on Friday it's the all-important US jobs numbers from non-farm payrolls. Enjoy!

Commentary by Gareth Frye