MARKETS are expecting a mix of good and bad news this week, with the rand expected to benefit from Reserve bank data but private credit figures expected to show inflationary pressures. A Reuters consensus forecast sees M3 money supply rising on a year-on-year basis by 9,7% after rising 8,52% in November. The consensus on private sector credit extension is a rise of 9,2% after a November increase year-on-year of 8,17%. January reserves are seen climbing to R46,7-billion from R45,40-billion the previous month, while the Bank’s net open foreign exchange position is forecast to shrink to $11,95-billion from $13,0-billion.