The activity locally starts to slow down,, but there are several key indicators that will be annoucned shortly that will have an impact on confidence levels and sentiment.
SA Today: Key events to watch, December 7
* SARB releases November reserves data.
* Start of 2-day SARB Monetary Policy Committee meeting.
* Cabinet meeting.
* Stats SA releases September Retail Sales.
* Stats SA releases October Manufacturing Production and Sales.
WHAT TO WATCH FOR:
With schools closed for the summer holidays, volumes are likely to start
thinning out as players wind down activity ahead of the December break.
However, the main focus of attention this week with the Reserve Bank's final Monetary Policy Committee meeting for the year – today and Thursday. Economists do not expect any change to interest rates.
The Reserve Bank is due to release its third quarter economic bulletin on Friday.
ON THE HORIZON:
Dec 8: Final day of SARB Monetary Policy Committee meeting.
Dec 8: BER releases Q4 inflation expectation survey.
Dec 8: Stats SA releases October mining production stats.
Dec 8: Stats SA releases October manufacturing production stats.
Dec 8: Winhold releases annual results.
Dec 8: Competition Tribunal hearings on MTN Service Provider and Call Place
deal and Momentum Group and African Life acquisition.
Dec 9: Weekly treasury bill tender.
Dec 9: SARB releases Q3 quarterly economic bulletin.
Dec 10: No events scheduled.
Dec 11: No events scheduled.
Dec 12: No events scheduled.
Dec 13: Weekly bond auction.
Dec 13: SAGIS weekly data.
Dec 13: Trade conditions survey for November to be released.
Dec 14: Stats SA releases Nov CPI.
Dec 14: Stats SA releases September retail sales data.
Dec 14: Stats SA releases October building stats.
Dec 15: Stats SA releases Nov PPI.
Dec 15: Weekly treasury bill tender.
Dec 15: Stats SA releases October civil cases for debt stats.
FURTHER AHEAD
Dec 16: SA markets closed for public holiday.
Dec 17: No events scheduled.
Dec 18: No events scheduled.
Dec 19: CEC releases Winter 1st production forecast.
Dec 19: Southern Cross resources lists on JSE.
Dec 20: Weekly bond auction.
Dec 20: SAGIS weekly data.
Dec 21: No events scheduled.
Dec 22: No events scheduled.
Dec 23: Weekly treasury bill tender.
Dec 24: No events scheduled.
Dec 25: Christmas Day.
Dec 26: SA markets closed for holiday.
Dec 27: SXR Uranium One to list on JSE.
Dec 28: SAGIS weekly data.
Dec 28: Weekly bond auction.
Dec 29: SARS releases November trade data.
Dec 30: SARB releases November M3 and PSCE.
Dec 30: Weekly treasury bill tender.
Dec 30: Statement of national revenue, expenditure and borrowing for
November.
Courtesy of I-Net Bridge