South African Markets - Factors to watch on July 2

JOHANNESBURG, July 2 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Wednesday.

ECONOMIC EVENTS

Q2 inflation expectations survey

SOUTH AFRICAN MARKETS

South Africa's rand and government bonds firmed on Tuesday, buoyed by investor optimism over signs of progress towards a lower inflation target.

The Johannesburg Stock Exchange's Top-40 index .JTOPI closed up 0.5%..JZAR/

GLOBAL MARKETS

Asian stocks stumbled on Wednesday and the dollar languished near 3-1/2-year lows as investors pondered the prospect of U.S. interest rate cuts and the scramble for trade deals ahead of President Donald Trump's July 9 deadline for tariffs.MKTS/GLOB

WALL STREET

The Nasdaq and the S&P 500 closed lower on Tuesday, dragged down by weakness in large-cap tech stocks, while the Dow ended higher in a volatile day marked by seasonally low liquidity..N

GOLD

Gold prices steadied on Wednesday as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome Powell's cautious stance on rate cuts, although a weaker dollar helped limit losses for the greenback-priced bullion.GOL/

EMERGING MARKETS

For the top emerging markets news, double click on nTOPEMRG

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Some of the main stories out in the South African press:

BUSINESS DAY

- South Africa may need to revise US trade plan

- Ministers line up to meet Capitec boss on informal sector