Highlights
In the Eurozone, no revisions are expected to the provisional harmonised index of consumer prices (HICP) data for January, when prices dipped 0.4 percent on the month and the annual rate eased further to an eight-month low of 8.5 percent from 9.2 percent in December and the recent peak of 10.6 percent in October. The narrow core rate fell 0.8 percent in January while rising 5.2 percent.
Among US data, the second estimate of fourth-quarter GDP, at 2.9 percent consensus growth, is expected to show no change from the first estimate. Personal consumption expenditures, at 2.1 percent growth in the first estimate, is expected to come in at 2.0 percent in the second estimate.
Initial jobless claims for the February 18 week are expected to come in at 200,000 versus 194,000 in the prior week.
Atlanta Federal Reserve Bank President Raphael Bostic will participate in a conversation on Fed's Role in the Banking Industry before the Federal Reserve Bank of Atlanta's 2023 Banking Outlook Conference at 10:50 a.m. EST (1550 GMT).
San Francisco Federal Reserve Bank President Mary Daly will participate in a virtual fireside chat, A Federal Reserve President Gets Real: Lessons on Leadership and the Economy hosted by Handshake, a network of university and employer partners for students at 2 p.m. EST (1900 GMT).
Consumer inflation in Japan is expected to have picked up its pace further in January, with the core measure (excluding fresh food) setting a fresh 41-year high of 4.3 percent, up from 4.0 percent in December, as firms continued raising prices for food and beverages to reflect a spike in last year's producer costs and utility bills remained on an uptrend. The downward pressure from the government's domestic travel discount program that took effect in October eased in January, when it was resumed on a smaller scale after a brief suspension during the yearend and New Year holidays.
Among US data, the second estimate of fourth-quarter GDP, at 2.9 percent consensus growth, is expected to show no change from the first estimate. Personal consumption expenditures, at 2.1 percent growth in the first estimate, is expected to come in at 2.0 percent in the second estimate.
Initial jobless claims for the February 18 week are expected to come in at 200,000 versus 194,000 in the prior week.
Atlanta Federal Reserve Bank President Raphael Bostic will participate in a conversation on Fed's Role in the Banking Industry before the Federal Reserve Bank of Atlanta's 2023 Banking Outlook Conference at 10:50 a.m. EST (1550 GMT).
San Francisco Federal Reserve Bank President Mary Daly will participate in a virtual fireside chat, A Federal Reserve President Gets Real: Lessons on Leadership and the Economy hosted by Handshake, a network of university and employer partners for students at 2 p.m. EST (1900 GMT).
Consumer inflation in Japan is expected to have picked up its pace further in January, with the core measure (excluding fresh food) setting a fresh 41-year high of 4.3 percent, up from 4.0 percent in December, as firms continued raising prices for food and beverages to reflect a spike in last year's producer costs and utility bills remained on an uptrend. The downward pressure from the government's domestic travel discount program that took effect in October eased in January, when it was resumed on a smaller scale after a brief suspension during the yearend and New Year holidays.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
