ECONOMIC DIARY OCTOBER 30 - NOVEMBER 3
THIS COMING week investors will concentrate on the announcement by StatsSA of the Q3 unemployment data and the latest new motor vehicle sales.
Investors will also be interested by the publishing of the third quarter economic growth rates for Spain, France, and the EU. Globally most countries will release their latest (Purchasers Managers Indices) PMIs for services, manufacturing, and composite.
The most important for the week, however, will be the job data of the US during October.
Domestically
Today: The Reserve Bank will release the latest private sector credit and M3 Money supply data for September.
Tomorrow: StatsSA to announce the latest unemployment rate for Q3. The Department of Customs and Excise will give Balance of Trade figures for September.
Wednesday, November 1: Absa will release its Manufacturing PMI for October and Association of motor vehicle manufacturers will publish sales figures. Friday, November 3: Standard Bank will release its PMI figure for October.
Globally
Today: Japan: Retail Sales – September; Germany: Retail Sales – September; Inflation Rate – October and Unemployment rate – September; Spain: GDP Economic Growth Rate – Q3; UK: Mortgage Lending – September; EU: Business Confidence, Consumer Confidence and Economic Sentiment indices – October; US: Personal Income and Spending – September; and Dallas Fed Manufacturing Index – October.
Tomorrow: Japan: Household Spending – September; Unemployment Rate and Industrial Production – September; BoJ Interest Rate Decision and Quarterly Outlook
Report; UK: Consumer Confidence Index – October: China: Manufacturing PMI – October; France: GDP Growth Rate – Q3; and Inflation Rate – October; EU: GDP Economic Rate and Inflation Rate – October; US: Chicago PMI – October.
Wednesday, November 1: Australia: Manufacturing Index – October; China: Caixin Manufacturing PMI – October; UK: Housing Price Index and manufacturing PMI – October; US: ADP Employment Change; Manufacturing Employment – October; Construction Spending – October; Manufacturing PMI – October and Petrol Stock Change – 27/October; Fed interest Rate Decision; Truck and total vehicle sales.
Thursday, November 2: Australia: Balance of Trade – September; Japan: Consumer Confidence – October; Germany: Unemployment Change – October and Markit Manufacturing PMI – October; EU: Markit Manufacturing PMI – October; UK: MPC Meetings and BoE Interest rate Decision; US: Continuous (21/October) and Initial Jobless Claims – (28/October); Non-farm productivity – October; EIA Natural Gas Stocks change.