#Global #Markets | 12 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1, Lagos)

CALENDAR
05:30 Netherlands Balance of Trade 
07:00 Germany Inflation Rate YoY Final 
08:00 South Africa Consumer Confidence 
08:30 Sweden Inflation Rate MoM 
08:30 Sweden CPIF YoY 
08:30 Sweden Monetary Policy Meeting Minutes 
09:00 France IEA Oil Market Report 
09:00 Euro Area Eurogroup Meeting 
09:00 Belgium NATO Summit 
10:00 Euro Area Industrial Production YoY 
10:00 Euro Area Industrial Production MoM 
11:00 Ireland Inflation Rate YoY 
12:30 Euro Area ECB Monetary Policy Meeting Accounts 
13:00 Brazil Retail Sales YoY
NEWS
South Korea Leaves Monetary Policy Unchanged 
New Zealand Food Inflation Climbs 0.2% YoY 
US Stocks Close Lower on New Tariffs 
Bahrain GDP Posts First Contraction in Near 7 Years 
European Stocks Close Lower on Trade War Concerns 
US Crude Oil Stocks Fall the Most in Near 2 Years 
US May Wholesale Inventories Revised Higher 
Copper Prices Fall to 1-Year Low on Trade War Concerns 
Ghana Inflation Rate Picks Up to 10% 
US Producer Prices Rise More than Expected 
Kosovo Inflation Rate Eases to 0.8% in June 
Poland Holds Policy Interest Rate at 1.5% 
Latvia Trade Gap Widens in May 
US Mortgage Applications Rise in Latest Week: MBA

Source: Trading Economics, Macroafricaintel Research

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