Highlights
The Eurozone consumer confidence index in May is expected to rise 8 tenths to minus 16.7 versus April's 1.7-point rise to minus 17.5. This index has been steadily improving from record lows hit during the third quarter last year.
The US data calendar is thin and Canadian markets are closed for the Victoria Day public holiday on Monday.
St. Louis Federal Reserve Bank President James Bullard will participate in a discussion on the U.S. economy and monetary policy before the American Gas Association 2023 Financial Forum at 8:30 a.m. EDT (1230 GMT).
Richmond Federal Reserve Bank President Thomas Barkin and Federal Reserve Bank of Atlanta President Raphael Bostic will participate in a conversation before the Technology-Enabled Disruption Conference: Uncertainty and Prospects for Disruptive Investments hosted by the Federal Reserve Bank of Richmond at 10:50 a.m. EDT (1450 GMT).
San Francisco Federal Reserve Bank President Mary Daly will participate in a fireside chat before the National Association for Business Economics/Banque de France International Economic Symposium at 11:05 a.m. EDT (1505 GMT).
Before European and US markets open on Monday, Japanese machinery orders, the key leading indicator of business investment in equipment, are expected to show a modest 1.4 percent rebound on the month in March amid solid business investment plans for fiscal 2023, after slipping 4.5 percent in February and surging 9.5 percent in January. Core private-sector orders are forecast to post a third consecutive rise on the year, up 1.8 percent, after a 9.8 percent jump in February.
The US data calendar is thin and Canadian markets are closed for the Victoria Day public holiday on Monday.
St. Louis Federal Reserve Bank President James Bullard will participate in a discussion on the U.S. economy and monetary policy before the American Gas Association 2023 Financial Forum at 8:30 a.m. EDT (1230 GMT).
Richmond Federal Reserve Bank President Thomas Barkin and Federal Reserve Bank of Atlanta President Raphael Bostic will participate in a conversation before the Technology-Enabled Disruption Conference: Uncertainty and Prospects for Disruptive Investments hosted by the Federal Reserve Bank of Richmond at 10:50 a.m. EDT (1450 GMT).
San Francisco Federal Reserve Bank President Mary Daly will participate in a fireside chat before the National Association for Business Economics/Banque de France International Economic Symposium at 11:05 a.m. EDT (1505 GMT).
Before European and US markets open on Monday, Japanese machinery orders, the key leading indicator of business investment in equipment, are expected to show a modest 1.4 percent rebound on the month in March amid solid business investment plans for fiscal 2023, after slipping 4.5 percent in February and surging 9.5 percent in January. Core private-sector orders are forecast to post a third consecutive rise on the year, up 1.8 percent, after a 9.8 percent jump 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.
