DIARY

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.

Domestically

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.

Globally

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.