Highlights
Before the European and North American markets open, Singapore's consumer inflation data is forecast to show the CPI rose 4.5 percent on the year in June, slowing from May's 5.1 percent.
Taiwan's industrial production is seen falling 16.50 percent on the year in June, down from a 15.73 percent decrease in May.
Among the European purchasing managers' index data, the French manufacturing sector index is forecast to stay below the key 50 line, slipping to 45.5 for July from 46.0 in June, while the services sector index is seen ticking up to 48.2 from 48.0.
In Germany, the manufacturing PMI is forecast at 40.4 in July, down slightly from 40.6 in June and the services PMI is seen sliding to 53.0 from 54.1.
The Eurozone PMI for the manufacturing sector is forecast at 43.5 for July, little changed from 43.4 in June while the region's services index is expected to fall to 51.5 from 52.0 previously.
The UK manufacturing PMI is seen down at 46.0 in July versus June's 46.5 and the services index is also seen falling to 53.0 from 53.7.
The Chicago Fed national activity index in June is expected to rise to a near neutral plus 0.03 (zero equals historical average growth). This would be up from a lower-than-expected minus 0.15 in May that was pulled lower by weakness in production.
In the US PMI data, the services sector index has held in the 50 column the last five reports, with the consensus for July at 54.0, down slightly from June's 54.4. The manufacturing index, at 46.3 in June, is expected to edge yet lower to 46.0 in July.
South Korea's GDP growth is expected to pick up to 0.8 percent on quarter in the April-June period from 0.3 percent in January-March. The economy is seen expanding 1.0 percent from a year earlier, up slightly from 0.9 percent in the first quarter.
Taiwan's industrial production is seen falling 16.50 percent on the year in June, down from a 15.73 percent decrease in May.
Among the European purchasing managers' index data, the French manufacturing sector index is forecast to stay below the key 50 line, slipping to 45.5 for July from 46.0 in June, while the services sector index is seen ticking up to 48.2 from 48.0.
In Germany, the manufacturing PMI is forecast at 40.4 in July, down slightly from 40.6 in June and the services PMI is seen sliding to 53.0 from 54.1.
The Eurozone PMI for the manufacturing sector is forecast at 43.5 for July, little changed from 43.4 in June while the region's services index is expected to fall to 51.5 from 52.0 previously.
The UK manufacturing PMI is seen down at 46.0 in July versus June's 46.5 and the services index is also seen falling to 53.0 from 53.7.
The Chicago Fed national activity index in June is expected to rise to a near neutral plus 0.03 (zero equals historical average growth). This would be up from a lower-than-expected minus 0.15 in May that was pulled lower by weakness in production.
In the US PMI data, the services sector index has held in the 50 column the last five reports, with the consensus for July at 54.0, down slightly from June's 54.4. The manufacturing index, at 46.3 in June, is expected to edge yet lower to 46.0 in July.
South Korea's GDP growth is expected to pick up to 0.8 percent on quarter in the April-June period from 0.3 percent in January-March. The economy is seen expanding 1.0 percent from a year earlier, up slightly from 0.9 percent in the first quarter.
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.
