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Home > Blogs > QFINANCE Editor > 5 things to look out for this week (January 6-10, 2014)

5 things to look out for this week (January 6-10, 2014)

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Each week brings you five things to look out for in the week ahead. Essential news that will shape the week and help you keep ahead in the world of business and finance.

South African trade data revealed

The South African Revenue Service will publish detailed trade figures for October today, with the country’s Reserve Bank releasing its December reserves report on Tuesday. This will include vehicle sales tallies from the National Association of Automobile Manufacturers of South Africa and November electricity data from Statistics South Africa (Stats SA).

Christmas sales

In the UK, retailers will announce their Christmas sales figures from last year. It is thought to have been a tough season for the high street, with weak performances from companies such as Marks & Spencer and Tesco.

Chinese exports

On Wednesday, China's National Bureau of Statistics will publish December's trade data. This is expected to reveal a slowdown in China’s export growth, which hit in 12.7% in November. Increased labor costs and a stronger currency have made the country less attractive to overseas buyers.

US unemployment

The end of the week will see new unemployment figures released in the US, which are expected to remain at a five year low of 7%. Analysts forecast December’s job creation at around 197,000, down from 203,000 in November.

Technology and gadgets

The annual International CES, the world’s largest electronics and consumer technology trade show is launching on Tuesday where companies will show off their latest gadgets. Wearable computing is expected to be a big part of the event, as investors are keeping an eye on this sector.

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Tags: Black Friday , CES , China , Christmas , Marks & Spencer , National Association of Automobile Manufacturers , National Bureau of Statistics of China , retail , South Africa , South African Revenue Service , Statistics South Africa , Stats SA , technology , Tesco , unemployment , United States , US
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