Cape Times

ECONOMIC DIARY JULY 30 - AUGUST 4

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THIS COMING week investor’s attention will be on the release of the latest job data for the US and Canada. The EU will announce its GDP growth data of Q2. The Bank of England will announce its latest interest rate decision and various countries will release various Purchasers Managers Indices (PMI) for July and retail sales numbers for June. Domestical­ly the Reserve Bank will release the latest money supply and credit numbers, while the latest new vehicle sales and manufactur­ing PMI will also be of note.

Domestical­ly

Today: The Reserve Bank will release the M3 money supply and private sector credit figures for June. The Department of Customs and Excise will announce the trade data for June.

Tomorrow: Absa will release its manufactur­ing PMI for July, while the National Associatio­n of Automobile Manufactur­es will announce the new motor vehicle sales numbers for July.

Friday, August 4: StatsSA will release the consumer confidence index for Q3.

Globally

Today: Japan: Industrial production – June; Australia New home sales – June; China: Manufactur­ing PMI – July; Germany: retail sales – June; Unemployme­nt rate – June; EU: Unemployme­nt rate – June; US: Pending home sales – June; Chicago PMI – July; Dallas Fed Manufactur­ing index – June.

Tom orrow: China and Australia: Manufactur­ing index – July; Australia: RBA – Interest rate decision; France, the EU and the UK: Manufactur­ing PMI – July; EU: GDP growth rate – Q2; US: Personal income and spending – June, Manufactur­ing PMI – July, Manufactur­ing employment – July and Truck and total vehicle sales – July; Canada: Manufactur­ing PMI.

Wednesday, August 2: Japan: Consumer confidence index – July; UK: Constructi­on PMI – July; US: ADP Employment change – July; Crude oil stocks change – July 28; India: RBI Interest rate decision.

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