Highlights
In Switzerland, the adjusted unemployment rate is expected to be unchanged at 1.9 percent for February.
German manufacturing orders in January are expected to fall 0.6 percent on the month after rising 3.2 percent December that, nevertheless, left orders down 9.6 percent on the year.
The UK Halifax house price index is forecast to post a 0.3 percent dip on the month in February after being flat in January.
In the US, consumer credit is expected to increase $26.4 billion in January versus a smaller-than-expected increase of $11.6 billion in December.
Federal Reserve Chairman Jerome Powell will deliver his semiannual monetary policy testimony before the Senate Banking Committee at 10 a.m. EST (1500 GMT).
German manufacturing orders in January are expected to fall 0.6 percent on the month after rising 3.2 percent December that, nevertheless, left orders down 9.6 percent on the year.
The UK Halifax house price index is forecast to post a 0.3 percent dip on the month in February after being flat in January.
In the US, consumer credit is expected to increase $26.4 billion in January versus a smaller-than-expected increase of $11.6 billion in December.
Federal Reserve Chairman Jerome Powell will deliver his semiannual monetary policy testimony before the Senate Banking Committee at 10 a.m. EST (1500 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.
