Highlights
Germany's Gfk consumer climate index, which has been modestly improving, is expected to rise to minus 27.5 in May's report from minus 29.5 in April.
US durable goods orders are forecast to show a 0.9 percent rise on the month in March to nearly reverse February's 1.0 percent fall. Excluding transportation, orders are seen down 0.2 percent (flat in February), with core capital goods orders rising 0.2 percent (down 0.1 percent).
The US goods deficit (Census basis) is expected to narrow by $2.0 billion to $90.0 billion in March after widening by $0.7 billion in February to $92.0 billion.
Wholesale inventories are expected to increase 0.2 percent in the advance report for March that would follow a 0.1 percent build in February.
US durable goods orders are forecast to show a 0.9 percent rise on the month in March to nearly reverse February's 1.0 percent fall. Excluding transportation, orders are seen down 0.2 percent (flat in February), with core capital goods orders rising 0.2 percent (down 0.1 percent).
The US goods deficit (Census basis) is expected to narrow by $2.0 billion to $90.0 billion in March after widening by $0.7 billion in February to $92.0 billion.
Wholesale inventories are expected to increase 0.2 percent in the advance report for March that would follow a 0.1 percent build in February.
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.
