The public sector finances in the UK are seen at £27.5 billion in June, up from £19.22 billion in May.

UK retail sales in June are expected to rise just 0.1 percent on the month following a 0.3 percent gain in May. They are forecast to remain depressed, down 1.7 percent on the year after a 2.1 percent fall in May.

In Canada, retail sales in May are expected to rise 0.5 percent following a much stronger-than-expected 1.1 percent increase in April.

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.

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.