The Star Early Edition - - OPINION & ANALYSIS - Dr Chris Harmse is chief econ­o­mist at Re­bal­ance Fund Man­agers. Dr Chris Harmse

THIS week in­vestor’s at­ten­tion will be on the tes­ti­mony of Fed chair­per­son Janet Yellen be­fore US congress. Var­i­ous de­vel­oped coun­tries will also re­lease their lat­est in­fla­tion rate and bal­ance of trade data. Re­tail sales and con­sumer con­fi­dence in­dices of var­i­ous economies will also be pub­lished. Stat­sSA will an­nounce var­i­ous pro­duc­tion data as well as the lat­est con­sumer con­fi­dence in­dex.


To­mor­row: Stat­sSA will re­lease the May data on man­u­fac­tur­ing pro­duc­tion.

Wed­nes­day, July 12: Stat­sSA will pub­lish the Con­sumer con­fi­dence in­dex for Q1 2017.

Thurs­day July 12: Stat­sSA will re­lease the fig­ures on min­ing and gold­min­ing pro­duc­tion for May.


To­day: Ja­pan: Cur­rent ac­count – May; China: In­fla­tion rate – June; Germany: Bal­ance of Trade – May.

To­mor­row: Aus­tralia: Busi­ness con­fi­dence in­dex – June; US: Busi­ness op­ti­mism in­dex – June; Rus­sia: Cur­rent ac­count – Q2.

Wed­nes­day, July 12: Aus­tralia: Con­sumer con­fi­dence in­dex – July; Germany: Whole­sale prices – June; UK: Un­em­ploy­ment rate – June; EU: In­dus­trial pro­duc­tion – May; US: Fed Yellen tes­ti­mony be­fore congress; US crude oil stocks – 7/July.

Thurs­day, July 13: China: Bal­ance of trade – June; Germany: In­fla­tion rate – June; France: In­fla­tion rate – June US: Ini­tial and con­tin­u­ing job­less claims – July/08; US: Nat­u­ral gas stocks – July/08; US: Core PPI – June; US Fed Yellen tes­ti­mony be­fore congress; US: Monthly bud­get state­ment.

Fri­day, July 14: Ja­pan: In­dus­trial pro­duc­tion and ca­pac­ity uti­liza­tion – May; China: M2 Money sup­ply – June; EU: Bal­ance of trade – May; Canada: Bal­ance of trade and cur­rent ac­count – May: US: In­fla­tion rate – June; US: Re­tail sales – June; US: In­dus­trial and man­u­fac­tur­ing pro­duc­tion – June; US: busi­ness in­ven­to­ries – May; US Michi­gan con­sumer con­fi­dence in­dex and cur­rent con­sumer con­di­tions – July.

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