#Global #Markets | 20 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1)

CALENDAR
07:00 Germany PPI MoM 
09:00 Spain Balance of Trade 
13:30 Canada Core Inflation Rate YoY 
13:30 Canada Retail Sales MoM 
13:30 Canada Inflation Rate MoM 
13:30 Canada Inflation Rate YoY 
01:00 Argentina G20 Fin Ministers and CB Governors Meeting 
08:00 Turkey Consumer Confidence 
09:15 Nigeria Inflation Rate YoY 
13:30 US Chicago Fed National Activity Index 
15:00 Euro Area Consumer Confidence Flash 
15:00 US Existing Home Sales MoM 
15:00 US Existing Home Sales 
01:30 Japan Nikkei Manufacturing PMI Flash
NEWS
Thailand Import Growth Slows 
Thailand Exports Rise Less than Estimated 
Thailand June Trade Surplus Larger than Expected 
New Zealand Tourist Arrivals Decline in June 
Argentina Retail Sales Gain Steam 
US Stocks Close Lower on Trump’s Fed Comments 
European Stocks Close Lower on Trade Tensions 
Colombia Trade Deficit Widens in May 
Colombia Imports Rise 21.1% YoY in May 
Brazil Business Confidence Improves in July 
South Africa Leaves Monetary Policy Unchanged 
South African Rand Falls Ahead of Policy Decision 
Philadelphia Fed Manufacturing Index Above Forecasts 
Indian Rupee Hits All-Time Low

Source: Trading Economics, Macroafricaintel Research

#Global #Markets | 19 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1)

CALENDAR
07:00 Switzerland Balance of Trade 
09:30 UK Retail Sales YoY 
09:30 UK Retail Sales MoM 
09:30 UK Retail Sales ex Fuel MoM 
09:30 UK Retail Sales ex Fuel YoY 
10:00 Indonesia Interest Rate Decision 
11:00 Ireland GDP Growth Rate YoY 
11:00 Ireland GDP Growth Rate QoQ 
13:30 US Philadelphia Fed Manufacturing Index 
14:00 South Africa Interest Rate Decision 
14:00 US Fed Quarles Speech 
15:00 Brazil Business Confidence 
00:30 Japan Inflation Rate MoM 
00:30 Japan Core Inflation Rate YoY
NEWS
Dutch Jobless Rate Steady at 3.9% in June 
Australia Jobless Rate Holds at 6-Month Low of 5.4% 
Japan Imports Rise Only 2.5% YoY 
Japan June Trade Surplus Larger than Expected 
Jamaica Inflation Slows Down to 2.8% YoY 
European Shares Gain on Earnings 
US Crude Oil Inventories Rise in Latest Week 
Russia Producer Inflation at Near 7-Year High 
Russia Wages Rise More than Expected in June 
Russia Jobless Rate Holds Steady at Record Low 
US Building Permits Unexpectedly Fall in June 
US Housing Starts at 9-Month Low 
South Africa Retail Sales Rise 1.9% YoY in May 
US Mortgage Applications Drop in Latest Week: MBA

Source: Trading Economics, Macroafricaintel Research

#Global #Markets | 18 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1)

CALENDAR
09:00 South Africa Inflation Rate YoY 
09:30 UK Inflation Rate MoM 
09:30 UK Core Inflation Rate YoY 
09:30 UK Inflation Rate YoY 
10:00 Euro Area Inflation Rate MoM 
10:00 Euro Area Core Inflation Rate YoY Final 
10:00 Euro Area Inflation Rate YoY Final 
10:00 Euro Area Construction Output YoY 
13:30 US Housing Starts MoM 
13:30 US Building Permits MoM 
13:30 US Housing Starts 
13:30 US Building Permits 
14:00 Russia Unemployment Rate 
15:00 US Fed Chair Powell Testimony
NEWS
Malaysia June Inflation Rate at Near 3-1/2 Year Low of 0.8% 
Thailand Car Sales Jump 25.9% in June 
Australia Leading Economic Index Flat in June 
Panama Economic Activity Growth Falls to Near 9-Year Low 
US Stocks Close Higher on Tuesday 
US Treasury International Capital Flows Beat Expectations 
Argentina Inflation Rate at Over 2-Year High 
European Shares Gain on Powell Testimony, Earnings 
Angola Cuts Interest Rate to 16.5% 
Colombia Consumer Morale Highest Since 2015 
Fed Chair Sets Positive Tone for the Economy 
US NAHB Housing Market Index Steady in July 
Senegal Industrial Output Falls the Most in 10 Months 
Cape Verde Inflation Rate Rises to 9-Month High in June

Source: Trading Economics, Macroafricaintel Research

#Global #Markets | 17 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1)

CALENDAR
09:00 South Africa Consumer Confidence 
09:00 Poland Employment Growth YoY 
09:00 UK BoE Gov Carney Speech 
09:15 Nigeria Inflation Rate YoY 
09:30 UK Average Earnings incl. Bonus 
09:30 UK Unemployment Rate 
09:30 UK Claimant Count Change 
09:30 UK Employment Change 
14:15 US Industrial Production MoM 
14:15 US Industrial Production YoY 
15:00 US NAHB Housing Market Index 
15:00 US Fed Chair Powell Testimony 
21:00 US Overall Net Capital Flows 
21:00 US Net Long-Term Tic Flows
NEWS
China Q2 Industrial Capacity Utilization Rises Slightly 
No Strong Case for A Near-Term Rate Adjustment: RBA 
Singapore NODX Rises Less than Expected in June 
New Zealand Inflation Rate Climbs in Q2 
New Zealand Services PMI at 66-Month Low 
Peru Economy Expands 6.4% YoY in May 
UK Shares Slump Amid Falls in Commodity Stocks 
Botswana Trade Deficit Widens in April 
Oil Prices Drop 3% 
US Business Inventories Rise 0.4% in May 
Russia Industrial Output Growth Slows to 6-Month Low 
Sri Lanka Service Activity Rises the Most in 6 Months 
Sri Lanka Manufacturing Growth Eases in June 
Dominican Republic Inflation Rate Highest Since 2013

Source: Trading Economics, Macroafricaintel Research

#Global #Markets | 16 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1)

CALENDAR
07:30 India WPI Inflation YoY 
08:00 Turkey Unemployment Rate 
09:00 Italy Balance of Trade 
09:15 Nigeria Inflation Rate YoY 
10:00 Euro Area Balance of Trade 
11:00 Israel GDP Growth Rate QoQ 3rd Est 
13:30 US Retail Sales Ex Autos MoM 
13:30 US Retail Sales MoM 
13:30 US NY Empire State Manufacturing Index 
15:00 US Business Inventories MoM 
01:00 Japan EU-Japan Summit 
02:30 China House Price Index YoY 
09:00 South Africa Consumer Confidence 
09:00 Poland Employment Growth YoY
NEWS
China Retail Sales Rise More than Estimated in June 
China June Industrial Output Rises the Least in 3 Months 
China H1 Fixed Asset Investment Growth Matches Estimates 
China Economy Expands 1.8% QoQ in Q2 
Israel Inflation Rate Highest in Over 4 Years 
Week Ahead 
Moody’s Changes Qatar’s Outlook to Stable 
US Stocks Edge Up on Friday 
Ivory Coast Consumer Prices Rebound in June 
Kazakhstan Industrial Production Loses Steam in June 
US Consumer Sentiment at 6-Month Low 
Tunisia Industrial Output Falls 0.1% YoY in April 
India Trade Deficit Highest since 2013 
US Import Prices Post Biggest Drop in Over 2 Years

Source: Trading Economics, Macroafricaintel Research

#Global #Markets | 13 Jul

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

(GMT+1)

CALENDAR
09:00 Nigeria Inflation Rate YoY 
09:00 Euro Area Ecofin Meeting 
12:00 UK BoE Cunliffe Speech 
13:05 India Balance of Trade 
13:30 US Import Prices MoM 
13:30 US Export Prices MoM 
15:00 US Michigan Consumer Sentiment Prel 
15:00 US Michigan Current Conditions Prel 
15:00 US Michigan Inflation Expectations Prel 
15:00 US Michigan 5 Year Inflation Expectations Prel 
15:00 US Michigan Consumer Expectations Prel 
16:00 US Monetary Policy Report 
17:30 US Fed Bostic Speech 
16:30 Israel Inflation Rate MoM
NEWS
Singapore GDP Growth Slows to 3.8% YoY in Q2 
Peru Interest Rate Kept Unchanged at 2.75% 
New Zealand Manufacturing PMI Slips to 52.8 
US Stocks Surge and Nasdaq Hits New High on Thursday 
US June Budget Deficit Smaller than Expected 
European Shares Rebound 
Colombia Retail Sales Rise 5.9% YoY in May 
Colombia Manufacturing Output Grows 2.9% YoY in May 
Mexico May industrial Output Growth Eases to 0.3% 
Russia May Trade Surplus Smaller than Expected 
India Consumer Inflation Below Forecasts 
Canada New Home Prices Unchanged for 3rd Month 
US Initial Jobless Claims Fall to 2-Month Low 
India Industrial Output Rises Less than Expected in May

Source: Trading Economics, Macroafricaintel Research

#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