JOHANNESBURG, July 5 Reuters The South African rand was little changed in early trade on Wednesday ahead of SP Global39;s release of a local economic survey and minutes from the U.S. Federal Reserve39;s June meeting.

At 0613 GMT, the rand was flat against the dollar at 18.6900.

The dollar last traded at 103.160, around 0.09 stronger against a basket of global currencies.

Market participants are eagerly awaiting the release of the Federal Open Market Committee FOMC meeting minutes for June, said First National Bank in a research note.

The report will give hints on the Fed39;s future interest rate plans and policymakers are expecting at least two additional hikes by yearend as inflation remains sticky, they added.

Locally, SP Global will release the whole economy Purchasing Managers Index PMI data for South Africa at 0715 GMT, giving clues on the health of Africa39;s most industrialised economy.

South Africa39;s benchmark 2030 government bond was slightly stronger in early deals, with the yield down 4 basis points to 10.500.

Reporting by Tannur Anders; Editing by Bhargav Acharya and Louise Heavens

Source Reuters

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