South Africa Manufacturing Production Index (YoY) dipped from previous 5.3% to -0.6% in May

Jul 11, 2024

CPI data is in focus, politics matters less than expected – UBS

We have US June consumer price inflation data. Federal Reserve Chair Powell thinks this matters, because politicians think this matters, and Powell thinks politicians are important.

USD: Dovish bias can hit the dollar – ING

Our call is for a consensus 0.2% MoM core CPI in the US on Thursday.