ECONOMIC DIARY, AUGUST 21 - 25

THIS COMING week investors will concentrate on the US Fed chairperson’s speech, economic growth rate releases and latest Inflation rate data. Domestically StatsSA will announce the latest inflation rate. The three-day all important Jackson Hole economic policy symposium in the US will start on Friday.

Domestically

Wednesday, August 23: StatsSA will release the inflation rate data for July 2017. The inflation rate was 5.1 percent in June.

Globally

Today: Thailand: UK: Public sector net borrowing – July; Canada: Wholesale sales – June.

Tomorrow: EU and Germany: Economic sentiment index – August; UK: Industrial orders trend – August; US: API weekly crude oil stock.

Wednesday, August 23: Japan: Nikkei manufacturing PMI – August; France, Germany, EU and US: Composite, Services and Manufacturing PMIs – August; US: Gas and crude oil stock changes – 18/August; EU: Consumer confidence – August.

Thursday, August 24: Japan: Leading economic index – June; France: Business confidence index – August; UK: GDP economic growth rate – Q2; Russia: Business confidence index – August; US: Continuing and initial jobless claims – August/19.

Friday, August 25: Japan: Inflation rate – July; Germany: GDP economic growth rate – Q2; Business climate – August; US: Fed chairperson Yellen speech; Jackson Hole economic policy symposium starts.