ECONOMIC DIARY JULY 24-28

THIS coming week investors’ attention will be on the release of the GDP growth data of Q2 for the US, France and the UK.

The Federal Reserve of the US will announce its latest interest rate decision on Thursday. Domestically StatsSA will announce the all-important unemployment figures for the second quarter tomorrow. Domestically

Tomorrow: StatsSA will announce the unemployment rate for Q2.

Thursday, July 27: StatsSA will release the PPI number for June. Globally

Today: Japan: Business confidence index – May; France, Germany, EU and the US: Manufacturing, composite and services PMI: July.

Tomorrow: France: Business confidence index – July; Germany Business confidence climate – July; US: Consumer confidence index – July.

Wednesday, July 26: Australia: Inflation rate – Q2; France: Consumer confidence index – July; UK: GDP growth rate – Q2; US: Crude oil stocks – 21/July; Fed interest rate decision.

Thursday, July 27: Germany: Consumer confidence index – Aug; EU: Money supply – June; US: Trade balance – June; Initial and continuing jobless claims – July/15; Natural gas stocks – July/21.

Friday: July 28: Japan: Inflation rate – June; Unemployment rate – June; UK: Consumer confidence index – July; France: GDP growth rate Q2; Inflation rate – July; EU: Business and consumer confidence index – July; Germany: Inflation rate – July.