JOHANNESBURG, Nov 27 Reuters The South African rand was little changed in early trade on Monday, ahead of a week jampacked with economic data releases.

At 0655 GMT, the rand traded at 18.7950 against the dollar , near its previous close of 18.8000.

The dollar last traded around 0.1 weaker against a basket of global currencies.

This week starts slow but ends with some toptier events, said Rand Merchant Bank analysts in a morning briefing.

Global focus will be on inflation data out of some of the world39;s biggest economies and a speech by U.S. Federal Reserve Chair Jerome Powell on Friday.

Locally, investors will focus on trade and budget balance and supplyside inflation data later in the week.

Like other risksensitive currencies, the rand often takes cues from both local and global events.

South Africa39;s benchmark 2030 government bond was marginally weaker in early deals, with the yield up 0.5 basis points to 10.200.

Reporting by Tannur Anders; Editing by Bhargav Acharya and Janane Venkatraman

Source Reuters

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