Highlights
Germany's goods surplus is expected to widen to €11.0 billion in January from €10.0 billion in December, a month however that saw sharp declines for both imports and exports.
Industrial production in France is seen up 0.2 percent on the month after a 1.1 percent bounce in December.
In Italy, no revisions are expected to the preliminary GDP report for the final quarter of 2022, which showed the economy contracted 0.1 percent on quarter while growing 1.7 percent on year.
Eurozone producer prices are expected to ease to a 18.9 percent rise on year in January versus December's 24.6 percent gain.
Among US data, no change at the mid-month's 50.5 is the call for the PMI service's February final.
After a much stronger-than-expected 55.2 in January, the ISM services index in February is expected to slow to 54.5. Business activity in the US service sector bounced back into growth territory at the start of the year, along with a global shift to spending on services from goods, as domestic new orders surged on some carryover from the previous year.
Dallas Federal Reserve Bank President Lorrie Logan will speak before the Chicago Booth Workshop on Market Disfunction at 11 a.m. EST (1600 GMT). At the same event, Federal Reserve Board Governor Michelle Bowman will moderate the Design Issues for Central Bank Facilities in the Future panel at 3 p.m. EST (2000 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will give welcome remarks before the Racial Inequality Conference organized by the Laboratory for Aggregate Economics and Finance at University of CaliforniaSanta Barbara, and co-sponsored by the Federal Reserve Banks of Atlanta and Cleveland at 11:45 a.m. EST (1645 GMT).
Richmond Federal Reserve Bank President Thomas Barkin will speak before the Stanford Institute for Economic Policy Research (SIEPR) 2023 Economic Summit at 4:15 p.m. EST (2145 GMT).
Industrial production in France is seen up 0.2 percent on the month after a 1.1 percent bounce in December.
In Italy, no revisions are expected to the preliminary GDP report for the final quarter of 2022, which showed the economy contracted 0.1 percent on quarter while growing 1.7 percent on year.
Eurozone producer prices are expected to ease to a 18.9 percent rise on year in January versus December's 24.6 percent gain.
Among US data, no change at the mid-month's 50.5 is the call for the PMI service's February final.
After a much stronger-than-expected 55.2 in January, the ISM services index in February is expected to slow to 54.5. Business activity in the US service sector bounced back into growth territory at the start of the year, along with a global shift to spending on services from goods, as domestic new orders surged on some carryover from the previous year.
Dallas Federal Reserve Bank President Lorrie Logan will speak before the Chicago Booth Workshop on Market Disfunction at 11 a.m. EST (1600 GMT). At the same event, Federal Reserve Board Governor Michelle Bowman will moderate the Design Issues for Central Bank Facilities in the Future panel at 3 p.m. EST (2000 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will give welcome remarks before the Racial Inequality Conference organized by the Laboratory for Aggregate Economics and Finance at University of CaliforniaSanta Barbara, and co-sponsored by the Federal Reserve Banks of Atlanta and Cleveland at 11:45 a.m. EST (1645 GMT).
Richmond Federal Reserve Bank President Thomas Barkin will speak before the Stanford Institute for Economic Policy Research (SIEPR) 2023 Economic Summit at 4:15 p.m. EST (2145 GMT).
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.
